Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    104 N Mayberry Road Mission, TX 78573

    View on Map
    For Lease
    $1,500 /Mo

    COMMERCIAL - Mission, TX

    Property size:
    1,692 SF
    Lot size:
    0.17 Acres
    Added:
    Jan 19, 2026
    Days on Market:
    72
    Last Refresh:
    Apr 1 at 9:06 am

    Property Features for 104 N Mayberry Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Parking
    10
    Exterior features
    Storage
    Standard status
    Active
    APN
    M190002000005200
    Size
    1,692 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    3140

    Building Details

    Year built
    1987
    Floors in Building
    1
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Victoria De La Fuente

    Listing agent Victoria De La Fuente

    Listing office RE/MAX Platinum 1200 Auburn Ave Suite 285 Suite 220, McAllen, TX

    Listing date Jan 19, 2026

    MLS# 490387

    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.

    Overview

    Mission, TX Commercial Property

    This commercial property, located just off the expressway in Mission, TX, offers 1692 square feet of flexible space. The property, situated on a 0.171-acre lot, features a large open area that could be divided into two separate units. The landlord is willing to lease them separately, with one unit available for $700 and the smaller space for $500. An outdoor area provides potential for additional seating, events, or creative uses. The property is suitable for a variety of businesses, including restaurants or cafes with patio dining, adult daycare centers, nutrition shake or smoothie bars, beauty salons or spas, and specialty retail or thrift stores. This property offers location, adaptability, and potential for investors and entrepreneurs alike. The property is also for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Barbie's Snacks Restaurant Watermill Express Big Box & Wholesale Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.319187
    Latitude
    26.20584

    Nearby Similar for Lease

    • Contact for pricing

      Advanced Medical Arts Center Suite

      Finished suite in a professional office center with courtyard.
      1112 Griffin Parkway unit: D, Mission, TX 78572
      View Details
    • Contact for pricing

      Mission TX Commercial Space

      1,750 sq ft commercial space in Sharyland area.
      2419 E Griffin Parkway, Mission, TX 78572
      View Details
    • $24/mo

      Retail Space in Plaza Emmanuel

      Retail space available in high-traffic Mission, Texas location.
      10211 Mile 7 Road unit: D, Mission, TX 78573
      View Details
    • $20/mo

      Mission Retail Space For Lease

      Retail space available in high-traffic Mission location.
      10211 Mile 7 Road unit: C, Mission, TX 78573
      View Details
    • Contact for pricing

      Retail/Office Space in Mission, TX

      888 sqft commercial space perfect for retail or office.
      2217 W Palma Vista Drive, Mission, TX 78572
      View Details
    • Contact for pricing

      Mission, TX Commercial Space

      Commercial space in a mixed-use plaza near Expressway 83.
      1352 E 1st Street unit: B-3, Mission, TX 78572
      View Details
    • Contact for pricing

      Affordable Office Space Available

      Affordable 408 SF office space for rent in Mission, TX.
      6206 W Mile 7 Road unit: 2, Mission, TX 78574
      View Details
    • Contact for pricing

      Affordable Office Space Available

      Office space for rent in an up-and-coming building.
      6206 W Mile 7 Road unit: 4, Mission, TX 78574
      View Details
    • Contact for pricing

      Affordable Office Space in Mission

      408 SF office space with water included and parking.
      6206 W Mile 7 Road unit: 3, Mission, TX 78574
      View Details
    • Contact for pricing

      Versatile Commercial Space For Lease

      4,587 sq ft commercial space suitable for various businesses.
      1154 Expressway 83, Mission, TX 78572
      View Details
    • Contact for pricing

      High-Visibility Retail Space Available

      Retail space with high traffic and expansion options.
      4322 N Conway Avenue unit: 112, Mission, TX 78573
      View Details
    • Contact for pricing

      Premier Office Space in Mission

      Coveted professional address with dual access and sculpted gardens.
      1112 E Griffin Parkway unit: D, Mission, TX 78572
      View Details

    FAQs

    What type of property is this?
    Retail space - Adaptable commercial space in Mission, TX, suitable for various businesses.
    Where is this retail space located?
    The property is located at 104 N Mayberry Road Mission, TX.
    What is the lease rate?
    The lease rate is $1,500 /Mo.
    What are key features of this property?
    This property features: High adaptability due to large, open 1192 sq. ft. space suitable for various business types.; Strategic location just off the expressway in Mission, TX, providing easy access and visibility.; Potential for dual rental income as landlord is willing to lease the space separately.
    (956) 212-0292
    We can help!
    Listing Contact
    Victoria De La Fuente
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!