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    Medical Office Suite with Lobby Title is generated by Realmo AI

    1022 E Griffin Parkway Unit #104 B, Mission, TX 78572

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    For Sale
    $650,000

    Medical-ready office suite with lobby, reception, exam or work rooms, and multiple support areas.

    Type:General Commercial
    Property size:
    2,400 SF
    Price / SF:
    $270/SF
    Added:
    Jun 9, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 15 at 5:57 am

    Property Features for 1022 E Griffin Parkway Unit #104 B

    General Information

    Standard status
    Active
    Size
    2,400 SF
    Property subtype
    General Commercial

    Building Details

    Year Built
    2003

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    Listing Contact
    Ronaldo Lacayo

    Listing agent Ronaldo Lacayo

    Listing office Keller Williams Realty Rgv

    Listing date Jun 9, 2026

    Source Xome

    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 Keller Williams Realty Rgv

    HighLights

    • 2003‑built medical building with central air and electric cooling
    • Interior includes a lobby with reception, plus 4 workstations and/or examination rooms
    • Additional space includes a gym area, conference room, private office, and lunch room
    • Includes 1 full bathroom and 1 half bathroom
    • On‑site amenities include a laundry area and an open floor plan
    • 32 paved parking spaces with security lighting and access from a city road

    Overview

    This medical office suite includes a sizeable lobby with reception area and a flexible interior layout featuring four work stations or examination rooms. In addition to the primary open area, the space is supported by a conference room, a private office, and a lunch room. Practical amenities include a gym area, laundry area, and both a full bathroom and a half bathroom. The building is described as clean and in ready-to-move condition.

    The property is located at 1022 E Griffin Parkway Unit #104 B in Mission, Texas, positioned along Busy Griffin Parkway. The offering includes enough on-site parking for visitors and staff.

    Designed for medical professionals and related office users, the layout supports patient-facing and staff work functions within one suite. The combination of reception, multiple examination or work rooms, and private spaces such as a conference room and office can accommodate a range of healthcare and healthcare-adjacent operations, while the open floor plan area allows room for everyday workflow needs.

    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
    2,400 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $573.5K
    $501.8K – $669.1K (±1% cap)
    NOI $40,145 @ 7.0% cap · market cap 6.18%
    Second Best
    Healthcare Medical
    $507.3K
    $443.9K – $591.9K (±1% cap)
    NOI $35,511 @ 7.0% cap · market cap 5.46%
    Theoretical Best
    Hotel Hospitality
    $1.81M
    $1.58M – $2.11M (±1% cap)
    NOI $126,540 @ 7.0% cap · market cap 19.47%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3400581
    Latitude
    26.2022051

    FAQs

    What type of property is this?
    Medical Office Space - Medical-ready office suite with lobby, reception, exam or work rooms, and multiple support areas.
    Where is this medical office space located?
    The property is located at 1022 E Griffin Parkway Unit #104 B Mission, 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: 2003‑built medical building with central air and electric cooling; Interior includes a lobby with reception, plus 4 workstations and/or examination rooms; Additional space includes a gym area, conference room, private office, and lunch room
    More about this property
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