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Expressway Flex Space with Workshop
For Sale
$350,000

7710 W Expressway 83, Mission, TX 78572

Commercial Sale, Mission, TX

Property Size1,800 SF
Lot Size0.50 Acres
Price / SF$194.44
Days on Market147

Property Features for 7710 W Expressway 83

General Information

Property type Commercial Sale
Property subtype Other
Zoning CO
Parking 10
Exterior features Workshop
Appliances Electric Water Heater
Subdivision Frontage Road
Directions Going East on Expressway 83 pass Western Rd property will be on North side of the expressway
Standard status Active
APN F736002000002200
Size 1,800 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 6333

Building Details

Year built 1987
Floors in Building 1
Building materials Aluminum Siding, Brick
Roof type Composition, Metal
Additional Structures Workshop
Listing Agency: Realty Executives Rio Grande Valley · Realty Executives International
Listed By: Mere Flores · License #801065595
Added: May 14 Changed: Sep 15 Last Checked: Oct 7 at 8:06PM
MLS# 409076

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.

Investment Insights

Based on property information with market context.

This flex-space property includes an 1,800-square-foot commercial building at the front of the site and an approximately 3,400-square-foot warehouse toward the rear. The front building contains a large mixed-use area and previously operated as a daycare. The rear structure is currently used as a mechanic shop and includes warehouse space.

The property encompasses 0.5 acres at 7710 W Expressway 83 in Mission, Texas, with frontage identified on the recorded plat. Improvements date to 1987 and include aluminum siding, brick, metal and composition roofing, a workshop, and an electric water heater. The property is zoned CO.

Key Highlights

  • 1,800‑square‑foot front commercial building
  • Approximately 3,400‑square‑foot rear warehouse
  • Rear building currently used as a mechanic shop

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,304
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,080 $486.1K
Cap Rate 7%
$347,200 $347.2K
Cap Rate 9%
$270,044 $270.0K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$36.9K $20.52/SF
− Vacancy
−$2.2K −$1.23/SF
EGI
$34.7K $19.29/SF
− OpEx
−$10.4K −$5.79/SF
NOI
$24.3K $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 Rate 5%
$486,080
Cap Rate 7%
$347,200
Cap Rate 9%
$270,044

Alternative Uses

Best Use
Retail
$347.2K
$303.8K – $405.1K (±1% cap)
NOI $24,304 @ 7.0% cap · market cap 6.94%
Second Best
Warehouse
$164.3K
$143.8K – $191.7K (±1% cap)
NOI $11,502 @ 7.0% cap · market cap 3.29%
Theoretical Best
Hotel Hospitality
$1.36M
$1.19M – $1.58M (±1% cap)
NOI $94,905 @ 7.0% cap · market cap 27.12%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Building Supply HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

160
Businesses Nearby
Balanced
Demand for This Use

Demographics for 78572, TX

78,280
Population
32,696
Households
2.4
Avg Household Size
36
Median Age
25%
College-Educated
75%
High-School Grad
53.7 sq mi
ZIP Area
1,458
Density / Sq Mi
$54,029
Median Household Income
$30,004
Median Earnings
$900
Median Rent
$121,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two-building commercial property with a front office area and rear workshop configuration.
Where is this flex space located?
The property is located at 7710 W Expressway 83 Mission, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,800‑square‑foot front commercial building; Approximately 3,400‑square‑foot rear warehouse; Rear building currently used as a mechanic shop
More about this property
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