Fully-Leased Retail
4107 N Conway Avenue Mission, TX 78573
4107 N Conway Avenue, Mission, TX, 78573
$1,960,000
For Sale
$1,960,000
Fully leased commercial plaza on a high-traffic retail corridor next to major national anchors including Walmart and H-E-B.
Property Size11,458 SF
Price / SF$171.06
Days on Market279
Property Features for 4107 N Conway Avenue
General Information
- Standard status
- Active
- Size
- 11,458 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1973
Listing agency
Mdm Real Estate Group Llc
(956) 445-6430
Listed by
Jeanette Gutierrez
(956) 445-6430
Source
Xome
Added: Oct 17, 2025 Updated: Jul 22 at 2:40AM Checked: Jul 22 at 2:40AM
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 Mdm Real Estate Group Llc
Investment Insights
Based on property information with market context.
This fully-leased commercial plaza at 4107 N Conway Avenue offers an investor-focused retail setup within a consolidated shopping center environment. The property is described as part of a high-traffic retail corridor, intended to provide steady tenant occupancy as part of its current configuration.
The plaza is located off 3 Mile Line and positioned next to prominent retailers including Walmart, H-E-B, and Chick-fil-A. The surrounding retail mix cited in the remarks includes Starbucks, Planet Fitness, CVS, and other national brands. The property’s visibility and day-to-day shopping demand are highlighted through its placement along N Conway Ave, characterized in the materials as one of the busiest north–south arteries in the region.
The plaza is located off 3 Mile Line and positioned next to prominent retailers including Walmart, H-E-B, and Chick-fil-A. The surrounding retail mix cited in the remarks includes Starbucks, Planet Fitness, CVS, and other national brands. The property’s visibility and day-to-day shopping demand are highlighted through its placement along N Conway Ave, characterized in the materials as one of the busiest north–south arteries in the region.
Key Highlights
- Fully leased commercial plaza on a north–south retail corridor off 3 Mile Line
- Located on N Conway Ave next to major national retailers including Walmart and H‑E‑B
- Tenant mix referenced in remarks includes Chick‑fil‑A, Starbucks, Planet Fitness, and CVS
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $235.1k | $20.52 |
| − Vacancy | −$14.1k | −$1.23 |
| EGI | $221.0k | $19.29 |
| − OpEx | −$66.3k | −$5.79 |
| NOI | $154.7k | $13.50 |
11,458 SF · lease $20.52/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.21M
$1.93M – $2.58M
NOI $154,708 @ 7.0% cap · market cap 7.89%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$8.63M
$7.55M – $10.07M
NOI $604,123 @ 7.0% cap · market cap 30.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
RGV Truss
Production Facility
Mr. Price Pacas ...
Factory
Taqueria Palenque
Restaurant
El Remate En ...
Shopping Center & Mall
La Ganadera Gourmet ...
Grocery & Convenience Store
Similar For Sale Nearby
Similar Off Market Nearby
- El Remate En Mission — 4107 N Conway Ave, Mission, TX 78573
- Coin Cloud Bitcoin ATM — 120 E Mile 3 Rd, Palmhurst, TX 78573
- Coinstar Kiosk - Bitcoin ATM — 120 E Mile 3 Rd H.E.B, Palmhurst, TX 78573
FAQs
What type of property is this?
Shopping center - Fully leased commercial plaza on a high-traffic retail corridor next to major national anchors including Walmart and H-E-B.
Where is this shopping center located?
The property is located at 4107 N Conway Avenue Mission, TX.
What is the asking price?
The asking price for this property is $1,960,000.
What are key features of this property?
This property features: Fully leased commercial plaza on a north–south retail corridor off 3 Mile Line; Located on N Conway Ave next to major national retailers including Walmart and H‑E‑B; Tenant mix referenced in remarks includes Chick‑fil‑A, Starbucks, Planet Fitness, and CVS
