Warehouse with Loading
New
For Sale
$1,879,900
11108 N Conway Avenue, Mission, TX 78573
A fenced warehouse property offers dock-high loading, ramp access, office space, and covered and open storage.
Property Size17,610 SF
Lot Size3.00 Acres
Price / SF$106.75
Days on Market4
Property Features for 11108 N Conway Avenue
General Information
Standard status
Active
Size
17,610 SF
Total Parking Spaces
30
Lot size
3.00 Acres
Property subtype
Commercial
Site & Location
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Office Build-Out
800 SF
Dock-High Doors
9
Cold Storage
No
Additional Details
Property Use
Warehouse
Taxes and HOA fees
Annual Taxes
$24,401
Amenities
Storage
Manual Gate
Motorized Gate
Other
Building Details
Building Size
17,610 SF
Year Built
1995
Stories
1
Listing Agency:
Coldwell Banker La Mansion
(956) 631-1322
Listed By:
Suzanne Driscoll
(956) 227-9230
Source:
Justrealty
Added: Oct 22
Changed: Oct 24
Last Checked: Oct 24 at 2:41PM
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 Coldwell Banker La Mansion
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Set on approximately 3.0 acres in Mission, this warehouse includes nine dock-high bays measuring 20' x 10' and two single bays measuring 10' x 10'. A ramp provides an additional loading route. The building also has approximately 800 square feet of office space with a private restroom, a visitor bathroom, and a 40' x 40' chiller area that is currently non-operational.
Blacktop surrounds the facility, with covered and open storage north of the warehouse. The property is fully fenced and accessed from Conway Avenue, opposite a median crossover. Entrance and parking areas have lighting. The site is located just north of State Highway 107 and Conway Avenue.
Blacktop surrounds the facility, with covered and open storage north of the warehouse. The property is fully fenced and accessed from Conway Avenue, opposite a median crossover. Entrance and parking areas have lighting. The site is located just north of State Highway 107 and Conway Avenue.
Key Highlights
- Approximately 3.0‑acre warehouse property in Mission
- Nine dock‑high bays, each measuring 20' x 10'
- Two single bays measuring 10' x 10', plus a loading ramp
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,524
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,250,480
$2.3M
Cap Rate 7%
$1,607,486
$1.6M
Cap Rate 9%
$1,250,267
$1.3M
Market Conditions
NOI Build-Up for 17,610 SF
Gross rent
$141.6K $8.04/SF
− Vacancy
−$9.2K −$0.52/SF
EGI
$132.4K $7.52/SF
− OpEx
−$19.9K −$1.13/SF
NOI
$112.5K $6.39/SF
Area
Hidalgo County, TX
Vacancy
6.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,250,480
Cap Rate 7%
$1,607,486
Cap Rate 9%
$1,250,267
Alternative Uses
Best Use
Warehouse
$1.61M
$1.41M – $1.88M
NOI $112,524 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$13.26M
$11.61M – $15.47M
NOI $928,487 @ 7.0% cap · market cap 49.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
9
Dock-high doors
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
85
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - A fenced warehouse property offers dock-high loading, ramp access, office space, and covered and open storage.
Where is this warehouse located?
The property is located at 11108 N Conway Avenue Mission, TX.
What is the asking price?
The asking price for this property is $1,879,900.
What are key features of this property?
This property features: Approximately 3.0‑acre warehouse property in Mission; Nine dock‑high bays, each measuring 20' x 10'; Two single bays measuring 10' x 10', plus a loading ramp
