Flex Building with Office
New
For Sale
Contact for pricing
2504 Expressway 83, Mission, TX 78572
A combination of warehouse and finished office areas supports both administrative and operational functions.
Property Size7,420 SF
Price / SF$1.00
Days on Market2
Property Features for 2504 Expressway 83
General Information
Standard status
Active
Size
7,420 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Mixed-Use Components
retail, warehouse
Warehouse & Industrial
Warehouse Space
5,116 SF
Office Build-Out
2,304 SF
Additional Details
Property Use
Retail and Warehouse
Building Details
Year Built
1989
Buildings
1
Building Size
7,420 SF
Construction
prefabricated metal panels
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 4:13PM
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.
This 7,420-square-foot flex property combines approximately 5,116 square feet of warehouse space with 2,304 square feet of finished offices. The building dates to 1989 and has prefabricated metal exterior panels, glass-fronted entrances, and multiple overhead doors for building access. Asphalt paving and concrete flatwork provide paved areas for parking, loading, and vehicle movement.
The property is located off the Expressway 83 frontage in Mission, Texas.
The property is located off the Expressway 83 frontage in Mission, Texas.
Key Highlights
- 7,420 square feet total, including approximately 5,116 square feet of warehouse and 2,304 square feet of finished office space
- Multiple overhead doors
- Prefabricated metal exterior panels and glass‑fronted entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,256
Suggested Prices Based on Cap Rates
Cap Rate 5%
$725,120
$725.1K
Cap Rate 7%
$517,943
$517.9K
Cap Rate 9%
$402,844
$402.8K
Market Conditions
NOI Build-Up for 7,420 SF
Gross rent
$59.7K $8.04/SF
− Vacancy
−$3.9K −$0.52/SF
EGI
$55.8K $7.52/SF
− OpEx
−$19.5K −$2.63/SF
NOI
$36.3K $4.89/SF
Area
Hidalgo County, TX
Vacancy
6.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$725,120
Cap Rate 7%
$517,943
Cap Rate 9%
$402,844
Alternative Uses
Best Use
Warehouse
$677.3K
$592.7K – $790.2K
NOI $47,412 @ 7.0% cap · market cap 638.98%
Second Best
Industrial
$557.8K
$488.1K – $650.8K
NOI $39,045 @ 7.0% cap · market cap 526.21%
Theoretical Best
Hotel Hospitality
$5.59M
$4.89M – $6.52M
NOI $391,220 @ 7.0% cap · market cap 5,272.51%
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
283
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 Industrial in South region
Similar Off Market Nearby
- Decoco Tea & Coffee — 1100 E Loop 374 unit c, Palmview, TX 78572
Frequently Asked Questions
What type of property is this?
Flex space - A combination of warehouse and finished office areas supports both administrative and operational functions.
Where is this flex space located?
The property is located at 2504 Expressway 83 Mission, TX.
What are key features of this property?
This property features: 7,420 square feet total, including approximately 5,116 square feet of warehouse and 2,304 square feet of finished office space; Multiple overhead doors; Prefabricated metal exterior panels and glass‑fronted entrances
