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    Commercial Plaza Investment Opportunity Title is generated by Realmo AI

    N FM 493, Donna, TX 78537

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    Claim this Listing
    For Sale
    $1,000,000

    COMMERCIAL - Donna, TX

    Property size:
    6,636 SF
    Lot size:
    0.99 Acres
    Price / SF:
    $150/SF
    Added:
    May 14, 2026
    Days on Market:
    29
    Last Refresh:
    Jun 10 at 11:06 pm

    Property Features for N FM 493

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    15
    Appliances
    Water Heater (None)
    Standard status
    Active
    APN
    C268300000000300
    Size
    6,636 SF
    Lot size
    0.99 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    13059

    Building Details

    Year built
    2017
    Floors in Building
    1
    Building materials
    Stone, Stucco
    Roof type
    Flat

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    Listing Contact
    Oscar Canales

    Listing agent Oscar Canales

    Listing office eXp Realty LLC 9600 Great Hills Trail #150w, Austin, TX

    Listing date May 14, 2026

    MLS# 500943

    Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Income‑producing commercial plaza in a high‑traffic, developing area.
    • Expansion potential with an additional half‑acre at the rear of the property.
    • Strategically positioned along the growing FM 493 corridor.
    • Five units suitable for a variety of commercial uses.
    • Value‑add opportunity to improve structures and optimize operations.
    • Built in 2017 with stone and stucco construction and a flat roof.

    Overview

    This commercial plaza, situated along the FM 493 corridor in Donna, Texas, presents an investment opportunity with both current income and future upside. The property, located on approximately 0.9908 acres, features five units suitable for various commercial uses. The site also includes an additional half acre at the rear, suitable for expansion, additional units, or increased parking. This is a value-add opportunity, allowing the next owner to improve existing structures, optimize operations, and maximize returns. The property is located in a high-traffic, developing area surrounded by established businesses. The property has 6,636 square feet of space and is located in Hidalgo County.

    Local Financial Insights For 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 $136.2k $20.52
    − Vacancy −$8.2k −$1.23
    EGI $128.0k $19.29
    − OpEx −$38.4k −$5.79
    NOI $89.6k $13.50
    6,636 SF · lease $20.52/SF/yr · vacancy 6.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.28M
    $1.12M – $1.49M (±1% cap)
    NOI $89,600 @ 7.0% cap · market cap 8.96%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Hotel Hospitality
    $5.00M
    $4.37M – $5.83M (±1% cap)
    NOI $349,883 @ 7.0% cap · market cap 34.99%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shopping centers

    Map

    City
    Donna
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.040868
    Latitude
    26.180556

    FAQs

    What type of property is this?
    Shopping center - Income-producing commercial plaza with expansion potential along FM 493.
    Where is this shopping center located?
    The property is located at N FM 493 Donna, TX.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: Income‑producing commercial plaza in a high‑traffic, developing area.; Expansion potential with an additional half‑acre at the rear of the property.; Strategically positioned along the growing FM 493 corridor.
    More about this property
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