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Commercial Property with Diverse Revenue

4249 N Fm 493 Road Donna, TX 78537

4249 N Fm 493 Road, Donna, TX, 78537
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Versatile 1.72-acre property with restaurant, barbershop, and mobile home park.

Property Size2,700 SF
Lot Size1.72 Acres
Price / SF$240.74
AddedDec 9, 2024
Days on Market583
Last RefreshJul 14 at 9:06 pm

Property Features for 4249 N Fm 493 Road

General Information

Standard status
Active
Size
2,700 SF
Lot size
1.72 Acres
Property subtype
Retail

Building Details

Year Built
2002

Listing office Texas Star Realty, LLC

Listing date Dec 9, 2024

Source Crexi

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 Texas Star Realty, LLC


Investment Insights

Based on property information with market context.

This commercial property encompasses 1.72 acres and features a restaurant, a barbershop under development, and a mobile home park. The property offers diverse revenue streams and potential for expansion or redevelopment. The property size is 2700 square feet.

Key Highlights

  • 1.72 Acres of versatile commercial property.
  • Thriving restaurant included.
  • Well‑maintained mobile home park provides revenue stream.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $55.4k $20.52
− Vacancy −$3.2k −$1.17
EGI $52.2k $19.35
− OpEx −$13.1k −$4.84
NOI $39.2k $14.51
2,700 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$559.8K
$489.8K – $653.1K (±1% cap)
NOI $39,184 @ 7.0% cap · market cap 6.03%
Second Best
Retail
$520.8K
$455.7K – $607.6K (±1% cap)
NOI $36,456 @ 7.0% cap · market cap 5.61%
Theoretical Best
Hotel Hospitality
$2.03M
$1.78M – $2.37M (±1% cap)
NOI $142,358 @ 7.0% cap · market cap 21.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Building Supply Law Firm Electrical Service Big Box & Wholesale Store Plumbing Service Grocery & Convenience Store HVAC Service Gym & Fitness Center Garden Center Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail property - Versatile 1.72-acre property with restaurant, barbershop, and mobile home park.
Where is this retail property located?
The property is located at 4249 N Fm 493 Road Donna, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1.72 Acres of versatile commercial property.; Thriving restaurant included.; Well‑maintained mobile home park provides revenue stream.
Contact an agent
(956) 254-0073 Call to check price and availability
More about this property
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