Income-Producing Property in Prime
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6713 S Jackson Road, Pharr, TX 78577
Active income-producing property with high visibility and accessibility.
Property Size1,344 SF
Price / SF$230.65
Days on Market743
Property Features for 6713 S Jackson Road
General Information
Standard status
Active
Size
1,344 SF
Total Parking Spaces
6
Property subtype
Retail
Building Details
Year Built
2011
Listing Agency:
Living In South Texas Realty
Listed By:
Mari Santana
Source:
Crexi
Added: Aug 16, 2024
Changed: Aug 22
Last Checked: Aug 26 at 12:59AM
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 Living In South Texas Realty
Investment Insights
Based on property information with market context.
This property presents an opportunity to own an active, income-producing asset situated in a prime location. The property is positioned on a high-traffic street, offering maximum visibility and accessibility, which supports consistent customer flow. The property has a size of 1344 square feet. Owner financing is available.
Key Highlights
- Active income producing property
- Prime location on a high‑traffic street
- Maximum visibility and accessibility
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
$18,147
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
5.85%
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%
$362,940
$362.9K
Cap Rate 7%
$259,243
$259.2K
Cap Rate 9%
$201,633
$201.6K
Market Conditions
NOI Build-Up for 1,344 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
$27.6K $20.52/SF
− Vacancy
−$1.7K −$1.23/SF
EGI
$25.9K $19.29/SF
− OpEx
−$7.8K −$5.79/SF
NOI
$18.1K $13.50/SF
Area
Hidalgo County, TX
Vacancy
6.00%
Lease Rate
$20.52 /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%
$362,940
Cap Rate 7%
$259,243
Cap Rate 9%
$201,633
Alternative Uses
Best Use
Retail
$259.2K
$226.8K – $302.5K
NOI $18,147 @ 7.0% cap · market cap 5.85%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.01M
$885.8K – $1.18M
NOI $70,862 @ 7.0% cap · market cap 22.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
126k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 49%
Electronics 1%
McDonald's
Dining
29,568 visits/mo
0.5 miles
Whataburger
Dining
29,366 visits/mo
0.5 miles
Dollar Tree
Shops & Services
21,162 visits/mo
0.4 miles
Stripes
Shops & Services
18,856 visits/mo
0.4 miles
Sunoco
Shops & Services
13,755 visits/mo
0.1 miles
Demographics for 78577, TX
79,937
Population
26,568
Households
3
Avg Household Size
30
Median Age
18%
College-Educated
70%
High-School Grad
26.0 sq mi
ZIP Area
3,075
Density / Sq Mi
$49,768
Median Household Income
$28,186
Median Earnings
$988
Median Rent
$111,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Active income-producing property with high visibility and accessibility.
Where is this retail space located?
The property is located at 6713 S Jackson Road Pharr, TX.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Active income producing property; Prime location on a high‑traffic street; Maximum visibility and accessibility
