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    Medical Office Building with Lobby Title is generated by Realmo AI

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

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    Medical office space with reception, multiple exam or work rooms, and ample parking in Mission.

    Type:Office
    Property size:
    2,400 SF
    Price / SF:
    $270/SF
    Added:
    Jun 11, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 20 at 5:25 am

    Property Features for 1022 E Griffin Parkway # B ##104 B

    General Information

    Standard status
    Active
    Size
    2,400 SF
    Property subtype
    Office

    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 11, 2026

    Source Crexi

    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

    • Medical building built in 2003
    • Located on busy Griffin Parkway in the heart of Mission
    • Includes a lobby with reception area plus large open floor plan space
    • Features 4 workstations or examination rooms, a conference room, and a private office
    • Has a gym area, laundry area, lunch room, and 1 full bathroom plus 1 half bathroom
    • Ample parking available on site

    Overview

    This medical office building is presented in clean, move-in-ready condition and is designed around a practical patient-facing and staff workflow. The interior includes a sizable lobby with a reception area, four work stations or examination rooms, a large open floor plan area, and a conference room. Additional accommodations include a private office, a lunch room, a gym area, and a dedicated laundry area. The space also features one full bathroom and one half bathroom.

    The property is located in Mission on E Griffin Parkway, positioned along a busy thoroughfare that supports convenient access for patients and staff. Parking is described as sufficient for the facility.

    For medical or related office users, the layout provides a reception-first entry experience with dedicated areas that can support exam work, team meetings, and day-to-day operations. The combination of private and open work areas may also fit organizations that need flexibility for clinicians, intake, and administrative functions. This listing is offered for sale.

    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

    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
    -98.308719
    Latitude
    26.226802

    FAQs

    What type of property is this?
    Medical Office Space - Medical office space with reception, multiple exam or work rooms, and ample parking in Mission.
    Where is this medical office space located?
    The property is located at 1022 E Griffin Parkway # B ##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: Medical building built in 2003; Located on busy Griffin Parkway in the heart of Mission; Includes a lobby with reception area plus large open floor plan space
    More about this property
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