1022 E Griffin Parkway, Mission, TX 78572
- Added:
- Jun 11, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 20 at 2:06 am
Property Features for 1022 E Griffin Parkway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 32
- Security features
- Security Lighting
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- A113000000104B00
- Size
- 2,400 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 9036
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 2003
- Floors in Building
- 1
- Building materials
- Block
- Roof type
- Flat
Listing agent Ronaldo Lacayo (956) 578-5733
Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX (956) 928-1155
Listing date Jun 11, 2026
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
- 2003‑built medical office building with central electric HVAC and central air
- Block construction with flat roof and electric water heater
- Interior includes lobby with reception area, 4 work stations or examination rooms, and large open floor plan
- Additional rooms include conference room, private office, and lunch room
- Includes gym area, laundry area, and 1 full bathroom plus 1 half bathroom
- Located on busy Griffin Parkway in Mission with enough on‑site parking space
Overview
The property is located at 1022 E Griffin Parkway in Mission, Texas, positioned on a busy thoroughfare. The listing notes the building is clean and in move-in condition, and that there is enough on-site parking to support staff and patient visits.
For buyers seeking a ready-to-occupy medical or related professional facility, the layout supports both consult and administrative functions in a single building. The combination of reception, exam/work areas, and dedicated meeting and office space can accommodate a range of outpatient practices that need a straightforward operational footprint.
Local Financial Insights For Office B
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 | $73.7k | $30.72 |
| − Vacancy | −$20.2k | −$8.42 |
| EGI | $53.5k | $22.30 |
| − OpEx | −$13.4k | −$5.58 |
| NOI | $40.1k | $16.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mission
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.30858
- Latitude
- 26.226833
