Three-Unit Day Care
New
For Sale
Contact for pricing
1636 E Griffin Parkway, Mission, TX 78572
The facility supports a single occupancy or division into three separate units.
Property Size4,000 SF
Price / SF$2.00
Days on Market1
Property Features for 1636 E Griffin Parkway
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Commercial
Building Details
Year Built
2012
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 1:39AM
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 2012, this 4,000-square-foot day care facility can operate as one space or be divided into three units of approximately 1,300 square feet each.
The property is at 1636 E Griffin Parkway in Mission, within the Sharyland ISD area.
The property is at 1636 E Griffin Parkway in Mission, within the Sharyland ISD area.
Key Highlights
- 4,000‑square‑foot facility built in 2012
- Can be separated into three units of approximately 1,300 square feet each
- Located in the Sharyland ISD area at 1636 E Griffin Parkway, Mission
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,009
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,080,180
$1.1M
Cap Rate 7%
$771,557
$771.6K
Cap Rate 9%
$600,100
$600.1K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$82.1K $20.52/SF
− Vacancy
−$4.9K −$1.23/SF
EGI
$77.2K $19.29/SF
− OpEx
−$23.1K −$5.79/SF
NOI
$54.0K $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%
$1,080,180
Cap Rate 7%
$771,557
Cap Rate 9%
$600,100
Alternative Uses
Best Use
Retail
$771.6K
$675.1K – $900.2K
NOI $54,009 @ 7.0% cap · market cap 675.11%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$3.01M
$2.64M – $3.52M
NOI $210,900 @ 7.0% cap · market cap 2,636.25%
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
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
22k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Valero Energy
Shops & Services
12,723 visits/mo
0.0 miles
Dollar General
Shops & Services
8,814 visits/mo
0.1 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Bryan Elementary School — 1300 Elm Dr, Mission, TX 78572
- South Texas Personal Care Services — 1022 E Griffin Pkwy STE 106B, Mission, TX 78572
- Little Crayons Institute, LLC — 1640 E Griffin Pkwy, Mission, TX 78572
- Bright Beginnings Learning Center — 1727 E Griffin Pkwy, Mission, TX 78572
- Building Foundations Children's Academy — 1806 e griffin pkwy, mission, tx 78572
Frequently Asked Questions
What type of property is this?
Day care center - The facility supports a single occupancy or division into three separate units.
Where is this day care center located?
The property is located at 1636 E Griffin Parkway Mission, TX.
What are key features of this property?
This property features: 4,000‑square‑foot facility built in 2012; Can be separated into three units of approximately 1,300 square feet each; Located in the Sharyland ISD area at 1636 E Griffin Parkway, Mission
