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    Rehabilitation Clinic with Parking Title is generated by Realmo AI

    1022 E Griffin Parkway, Mission, TX 78572

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    Claim this Listing
    New
    For Sale
    $650,000

    COMMERCIAL - Mission, TX

    Property size:
    2,400 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $270/SF
    Added:
    Jun 10, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 11 at 12:06 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
    Electric (Heating), Central
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2003
    Floors in Building
    1
    Building materials
    Block
    Roof type
    Flat

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    Listing Contact
    Ronaldo Lacayo

    Listing agent Ronaldo Lacayo

    Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX

    Listing date Jun 10, 2026

    MLS# 506960

    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

    • Built in 2003 with block construction and a flat roof
    • Central heating and central air conditioning, plus an electric water heater
    • Previously used as a rehab therapy clinic with reception/lobby, 4 workstations or examination rooms, private office, and lunch area
    • Includes a gym area, large open area with mirrors, laundry area, 1 full bathroom, and 1 half bathroom
    • Appliances include electric water heater; includes enough parking space

    Overview

    This for-sale healthcare property has been used as an established rehab therapy clinic for many years and is described as clean and in move-in condition. The layout includes a lobby with a reception area, four work stations or examination rooms, a large open area with mirrors, a gym area, and a private office. There is also a laundry area, a lunch area, and restrooms comprising one full bathroom and one half bathroom. In addition, the property is described as having enough parking space for visitors and staff.

    The clinic is located at 1022 E Griffin Parkway in Mission, Texas, on Griffin Parkway. The listing notes that it sits on a busy roadway, which can support convenient access for patients, clients, and service providers.

    Built to support day-to-day clinical operations, the space may fit medical and related uses seeking a ready-to-run interior configuration with reception, multiple examination rooms, and dedicated therapy and open practice areas. With its existing in-suite restroom and office space, it offers a practical foundation for a buyer looking to continue a healthcare-focused program without starting from a blank interior layout.

    Local Financial Insights For Healthcare Medical

    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 $71.1k $29.64
    − Vacancy −$12.0k −$4.98
    EGI $59.2k $24.66
    − OpEx −$23.7k −$9.86
    NOI $35.5k $14.80
    2,400 SF · lease $29.64/SF/yr · vacancy 16.80% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $507.3K
    $443.9K – $591.9K (±1% cap)
    NOI $35,511 @ 7.0% cap · market cap 5.46%
    Second Best
    —
    —
    no second resolved use
    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    DHR Health Orthopedic ... Medical Clinic DHR Health Orthopedic ... Physician Marina, Jose M ... Physician Precision Orthopedics Physician Kid's First Pediatrics Pediatrician

    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
    -98.30858
    Latitude
    26.226833

    FAQs

    What type of property is this?
    Rehabilitation center - Well-kept rehab therapy facility with reception, exam rooms, gym space, and private office in Mission, Texas.
    Where is this rehabilitation center located?
    The property is located at 1022 E Griffin Parkway 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: Built in 2003 with block construction and a flat roof; Central heating and central air conditioning, plus an electric water heater; Previously used as a rehab therapy clinic with reception/lobby, 4 workstations or examination rooms, private office, and lunch area
    More about this property
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