Office Building with Private
1023 La Vista Drive Mission, TX 78574
New
For Sale
$289,000
COMMERCIAL - Mission, TX
Property Size2,532 SF
Lot Size0.37 Acres
Price / SF$114.14
Days on Market3
Property Features for 1023 La Vista Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
4
Appliances
Electric Water Heater
Standard status
Active
APN
C450000000000209
Size
2,532 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7510
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Building Details
Year built
1985
Floors in Building
1
Building materials
Brick
Roof type
Shingle
Listing Agency:
RE/MAX elite
(956) 583-2100
Listed By:
Tania J. Salinas · License #0669357
(956) 223-3216
Added: Jul 28
Changed: Jul 30
Last Checked: Jul 30 at 4:06AM
MLS# 510826
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.
An office building offering a flexible interior layout, recently painted and configured with three private offices, a kitchen and dining area, living space, and an additional office or conference room. The property also includes a private pool, ample parking, and a 2-car garage, totaling 2,532 square feet on 0.37 acres.
Located at 1023 La Vista Drive in Mission, TX, the site is described as being just off the expressway in a high-traffic area, positioned behind a car dealership and surrounded by shopping centers and established businesses. Access is described as convenient to major roads, retail, dining, and services.
The property is presented as a prime C-3 commercial site with space that can support a variety of commercial uses, supported by the on-site office configuration and parking availability.
Located at 1023 La Vista Drive in Mission, TX, the site is described as being just off the expressway in a high-traffic area, positioned behind a car dealership and surrounded by shopping centers and established businesses. Access is described as convenient to major roads, retail, dining, and services.
The property is presented as a prime C-3 commercial site with space that can support a variety of commercial uses, supported by the on-site office configuration and parking availability.
Key Highlights
- C‑3 commercial property built in 1985 with brick construction and a shingle roof
- Flexible interior layout with 3 private offices plus an additional office or conference room
- Includes a kitchen, dining area, and living space
Financial Insights For Mixed Use
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 | $45.6k | $18.00 |
| − Vacancy | −$4.6k | −$1.80 |
| EGI | $41.0k | $16.20 |
| − OpEx | −$15.4k | −$6.07 |
| NOI | $25.6k | $10.13 |
2,532 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$605.0K
$529.4K – $705.9K
NOI $42,353 @ 7.0% cap · market cap 14.66%
Second Best
Mixed Use
$366.2K
$320.5K – $427.3K
NOI $25,637 @ 7.0% cap · market cap 8.87%
Theoretical Best
Hotel Hospitality
$1.91M
$1.67M – $2.23M
NOI $133,500 @ 7.0% cap · market cap 46.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Well-maintained office layout with private pool, three offices, kitchen and living space, plus ample parking and 2-car garage.
Where is this office building located?
The property is located at 1023 La Vista Drive Mission, TX.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: C‑3 commercial property built in 1985 with brick construction and a shingle roof; Flexible interior layout with 3 private offices plus an additional office or conference room; Includes a kitchen, dining area, and living space
