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    807 Palma Vista Dr Mission, TX 78572

    For Sale
    $375,000

    High-traffic retail space, excellent investment.

    Property size:
    5,012 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 5,012 square foot commercial property, situated at 807 W Palma Vista Drive in Mission, Texas, presents a remarkable investment opportunity. Boasting a highly visible location directly off I-2/Expressway 83 on the frontage road, this property benefits from exceptional accessibility and high traffic volume. Previously utilized as a combined restaurant and retail store, the building offers versatile space ideal for a variety of commercial uses. The layout includes 4,382 square feet of adaptable retail space, perfectly suited for showcasing merchandise or providing customer service, complemented by an additional 918 square feet of dedicated storage space. This ample storage area provides valuable supplementary space for inventory, equipment, or archives. The property sits on a 0.28-acre lot, offering potential for expansion or outdoor amenities. Priced competitively at $375,000, this property presents a compelling opportunity for entrepreneurs and investors alike. Whether you envision renovating the existing structure to suit your specific business needs or opting for a complete rebuild, this location offers unparalleled potential for success in a thriving commercial area. The flexible zoning and prime location make this a truly exceptional investment prospect.

    Property Features for 807 Palma Vista Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,012 SF
    Lot Size
    12,197 SF

    Building Details

    Year Built
    2009
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.37896
    Latitude
    26.23412

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic retail space, excellent investment.
    Where is this commercial real estate located?
    The property is located at 807 Palma Vista Dr Mission, TX.
    What is the asking price?
    The asking price for this property is $375,000.
    (956) 928-1155
    Request Owner's contact information
    807 Palma Vista Dr Mission, TX 78572
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    Mission, TX 78572
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    807 Palma Vista Dr Mission, TX 78572
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