Auto Shop with Residential
For Sale
Contact for pricing
7714 N Bentsen Palm Drive, Mission, TX 78574
Auto shop on 5 acres with a house included.
Property Size4,970 SF
Lot Size5.00 Acres
Price / SF$120.72
Days on Market662
Property Features for 7714 N Bentsen Palm Drive
General Information
Standard status
Active
Size
4,970 SF
Lot size
5.00 Acres
Property subtype
Retail
Building Details
Year Built
2020
Listing Agency:
Star Properties Real Estate
(956) 664-2121
Listed By:
Elena Thomson
Source:
Crexi
Added: Nov 1, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Star Properties Real Estate
Investment Insights
Based on property information with market context.
This unique property features an auto shop situated on 5 fenced acres, accompanied by a house located behind the shop. The auto shop includes four bays, an indoor workshop, and an office. Additionally, there are two covered shops available for storage. The property also features a 3-bedroom, 2-bath house with a large covered patio.
Key Highlights
- Auto shop with four bays, indoor workshop, and office.
- 3‑bedroom, 2‑bath house located on the property.
- 5 all fenced acres.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,153
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$523,060
$523.1K
Cap Rate 7%
$373,614
$373.6K
Cap Rate 9%
$290,589
$290.6K
Market Conditions
NOI Build-Up for 4,970 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$40.0K $8.04/SF
− Vacancy
−$2.6K −$0.52/SF
EGI
$37.4K $7.52/SF
− OpEx
−$11.2K −$2.26/SF
NOI
$26.2K $5.26/SF
Area
Hidalgo County, TX
Vacancy
6.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$523,060
Cap Rate 7%
$373,614
Cap Rate 9%
$290,589
Alternative Uses
Best Use
Retail
$958.7K
$838.8K – $1.12M
NOI $67,106 @ 7.0% cap · market cap 11.18%
Second Best
Industrial
$373.6K
$326.9K – $435.9K
NOI $26,153 @ 7.0% cap · market cap 4.36%
Theoretical Best
Hotel Hospitality
$3.74M
$3.28M – $4.37M
NOI $262,043 @ 7.0% cap · market cap 43.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78574, TX
63,627
Population
18,309
Households
3.5
Avg Household Size
28
Median Age
16%
College-Educated
58%
High-School Grad
51.9 sq mi
ZIP Area
1,226
Density / Sq Mi
$52,536
Median Household Income
$28,029
Median Earnings
$807
Median Rent
$119,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Cars and Trucks Paint and Mechanical Shop — 7263 N Minnesota Rd, Mission, TX 78574
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- A.D. Express LLC /Towing — 7413 N La Homa Rd, Mission, TX 78574
- Black Gold Tires New & Used — 2900 Levelland Dr, Mission, TX 78574
Frequently Asked Questions
What type of property is this?
Auto shop - Auto shop on 5 acres with a house included.
Where is this auto shop located?
The property is located at 7714 N Bentsen Palm Drive Mission, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Auto shop with four bays, indoor workshop, and office.; 3‑bedroom, 2‑bath house located on the property.; 5 all fenced acres.
