Income-Generating Multi-Unit
For Sale
$850,000
1500 Griffin Parkway, Mission, TX 78572
For sale commercial property with three established units producing over $5,000 monthly rental income.
Property Size4,958 SF
Price / SF$171.44
Days on Market214
Property Features for 1500 Griffin Parkway
General Information
Standard status
Active
Size
4,958 SF
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$13,116
Amenities
Central Air, Electric
3
20 Parking Spaces. Paved Driveway.
City Road.
Building Details
Year Built
2003
Tenancy
Multi
Listing Agency:
Stellar Equity Real Estate Llc
(956) 692-1177
Listed By:
Angel Gonzalez
(956) 692-1177
Source:
Xome
Added: Jan 27
Changed: Aug 25
Last Checked: Aug 28 at 8:11AM
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 Stellar Equity Real Estate Llc
Investment Insights
Based on property information with market context.
This income-producing commercial property features three established commercial units and is currently generating over $5,000 per month in rental income. The asset is being offered for sale with the benefit of existing tenancy rather than requiring new buildout or leasing from scratch.
Located at 1500 W Griffin Parkway in Mission, TX, the property is positioned on high-visibility Griffin Parkway. It offers easy accessibility and is surrounded by a mix of residential growth, retail, and restaurants, along with expanding commercial development in the area.
The offering provides investors with a multi-unit configuration designed for ongoing cash flow, supported by the current rental income figures provided in the remarks.
Located at 1500 W Griffin Parkway in Mission, TX, the property is positioned on high-visibility Griffin Parkway. It offers easy accessibility and is surrounded by a mix of residential growth, retail, and restaurants, along with expanding commercial development in the area.
The offering provides investors with a multi-unit configuration designed for ongoing cash flow, supported by the current rental income figures provided in the remarks.
Key Highlights
- Commercial property built in 2003 with 3 established units
- Generates over $5,000+ per month in rental income
- Located at 1500 W Griffin Parkway, Mission, TX 78572
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
Balanced
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
Questions? Ask Rey
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Similar Off Market Nearby
- Santi Home Care, LLC — 1319 22nd St, Palmview, TX 78572
- Kid's Cottage Child Development Center — 2310 N Holland Ave, Mission, TX 78572
- Gingerbread House Learning Center Montessori — 1723 W Griffin Pkwy, Mission, TX 78572
- Hidalgo County Head Start Program Palmview III — 1208 Paula St, Palmview, TX 78574
- Sonlight Day School — 1500 W Griffin Pkwy, Mission, TX 78572
Frequently Asked Questions
What type of property is this?
Day care center - For sale commercial property with three established units producing over $5,000 monthly rental income.
Where is this day care center located?
The property is located at 1500 Griffin Parkway Mission, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Commercial property built in 2003 with 3 established units; Generates over $5,000+ per month in rental income; Located at 1500 W Griffin Parkway, Mission, TX 78572
