Three-Unit Mixed-Use
104 N Mayberry Road, Mission, TX 78573
For Sale
$215,000
Commercial Sale, Mission, TX
Property Size1,692 SF
Lot Size0.17 Acres
Price / SF$127.07
Days on Market94
Property Features for 104 N Mayberry Road
General Information
Property type
Property subtype
Parking
Patio and Porch features
Exterior features
Appliances
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Cooling system
Amenities
outdoor area
Building Details
Year built
Floors in Building
Building materials
Roof type
Additional Structures
Buildings
Listing Agency:
RE/MAX Platinum · RE/MAX International
(956) 668-8555
Listed By:
Victoria De La Fuente · License TX #0587770
(956) 212-0292
Added: Aug 12
Changed: Oct 28
Last Checked: Nov 13 at 4:06AM
MLS# 512302
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.
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Investment Insights
Based on property information with market context.
This 1,692-square-foot mixed-use commercial building contains three units and includes an outdoor patio area. The property offers storage, solid masonry and stucco construction, a metal roof, central air conditioning, electric heating, and both electric and tankless water heating. Built in 1987, the building provides a compact commercial footprint with adaptable interior space and an exterior area that can support seating or other business-related activities.
Located just off the expressway in Mission, Texas, the property is positioned for convenient access within the 78573 area. All three units are currently leased, providing an existing multi-unit configuration for an owner-user or commercial property owner. The 0.171-acre parcel includes the building and patio area.
Located just off the expressway in Mission, Texas, the property is positioned for convenient access within the 78573 area. All three units are currently leased, providing an existing multi-unit configuration for an owner-user or commercial property owner. The 0.171-acre parcel includes the building and patio area.
Key Highlights
- 1,692 SF mixed‑use commercial building
- Three units, all currently leased
- 0.171‑acre parcel in Mission, TX
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,132
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,640
$342.6K
Cap Rate 7%
$244,743
$244.7K
Cap Rate 9%
$190,356
$190.4K
Market Conditions
NOI Build-Up for 1,692 SF
Gross rent
$30.5K $18.00/SF
− Vacancy
−$3.0K −$1.80/SF
EGI
$27.4K $16.20/SF
− OpEx
−$10.3K −$6.07/SF
NOI
$17.1K $10.13/SF
Area
Hidalgo County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,640
Cap Rate 7%
$244,743
Cap Rate 9%
$190,356
Alternative Uses
Best Use
Retail
$326.4K
$285.6K – $380.8K
NOI $22,846 @ 7.0% cap · market cap 10.63%
Second Best
Mixed Use
$244.7K
$214.2K – $285.5K
NOI $17,132 @ 7.0% cap · market cap 7.97%
Theoretical Best
Office A
$595.2K
$520.8K – $694.4K
NOI $41,664 @ 7.0% cap · market cap 19.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
816
Businesses Nearby
Explore this area
Business Placement
Demographics for 78573, TX
42,229
Population
13,339
Households
3.2
Avg Household Size
29
Median Age
15%
College-Educated
63%
High-School Grad
36.7 sq mi
ZIP Area
1,151
Density / Sq Mi
$51,185
Median Household Income
$27,730
Median Earnings
$909
Median Rent
$154,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Hidalgo County, TX
Properties on Market for Mixed-use properties in Hidalgo County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial property with patio space and all three units currently leased.
Where is this mixed-use property located?
The property is located at 104 N Mayberry Road Mission, TX.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 1,692 SF mixed‑use commercial building; Three units, all currently leased; 0.171‑acre parcel in Mission, TX
