Medical Office
New
For Sale
Contact for pricing
1352 E 1st Street, Mission, TX 78572
A 2006-built commercial property within a mixed-use plaza near Expressway 83.
Property Size3,366 SF
Price / SF$1.00
Days on Market1
Property Features for 1352 E 1st Street
General Information
Standard status
Active
Size
3,366 SF
Property subtype
Commercial
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2006
Buildings
1
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:55PM
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 SANETI REALTY GROUP
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.
Built in 2006, this 3,366-square-foot medical office property is part of a mixed-use plaza. Its stated potential applications include medical, executive office, educational, retail, and restaurant use.
The property is at the corner of Bryan Road and 1st Street in Mission, near Expressway 83.
The property is at the corner of Bryan Road and 1st Street in Mission, near Expressway 83.
Key Highlights
- 3,366‑square‑foot medical office property
- Built in 2006
- Corner location at Bryan Road and 1st Street, near Expressway 83
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,448
Suggested Prices Based on Cap Rates
Cap Rate 5%
$908,960
$909.0K
Cap Rate 7%
$649,257
$649.3K
Cap Rate 9%
$504,978
$505.0K
Market Conditions
NOI Build-Up for 3,366 SF
Gross rent
$69.1K $20.52/SF
− Vacancy
−$4.1K −$1.23/SF
EGI
$64.9K $19.29/SF
− OpEx
−$19.5K −$5.79/SF
NOI
$45.4K $13.50/SF
Area
Hidalgo County, TX
Vacancy
6.00%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$908,960
Cap Rate 7%
$649,257
Cap Rate 9%
$504,978
Alternative Uses
Best Use
Office B
$804.3K
$703.8K – $938.4K
NOI $56,303 @ 7.0% cap · market cap 1,672.70%
Second Best
Healthcare Medical
$711.5K
$622.6K – $830.1K
NOI $49,804 @ 7.0% cap · market cap 1,479.62%
Theoretical Best
Hotel Hospitality
$2.54M
$2.22M – $2.96M
NOI $177,472 @ 7.0% cap · market cap 5,272.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
585
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78572, TX
78,280
Population
32,696
Households
2.4
Avg Household Size
36
Median Age
25%
College-Educated
75%
High-School Grad
53.7 sq mi
ZIP Area
1,458
Density / Sq Mi
$54,029
Median Household Income
$30,004
Median Earnings
$900
Median Rent
$121,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - A 2006-built commercial property within a mixed-use plaza near Expressway 83.
Where is this medical office space located?
The property is located at 1352 E 1st Street Mission, TX.
What are key features of this property?
This property features: 3,366‑square‑foot medical office property; Built in 2006; Corner location at Bryan Road and 1st Street, near Expressway 83
