Expandable Retail
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For Sale
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4322 N Conway Avenue Unit 108, Mission, TX 78753
The space may be combined with an adjacent unit to accommodate a larger retail operation.
Property Size1,108 SF
Price / SF$1.37
Days on Market3
Property Features for 4322 N Conway Avenue Unit 108
General Information
Standard status
Active
Size
1,108 SF
Property subtype
Commercial
Site & Location
Corner Location
Yes
Anchor Co-Tenants
Walmart, Agua Dental, Pizza Hut, Walgreens, Panda Express
Building Details
Year Built
2005
Listing Agency:
Texus Realty
Listed By:
Israel Gutierrez · License #0558344
(512) 846-9332
Source:
Texusrealty
Added: Oct 30
Last Checked: Oct 30 at 1:45AM
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 Texus Realty
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Investment Insights
Based on property information with market context.
This retail suite in an established shopping center contains 1,108 square feet and was built in 2005. An adjacent 2,450-square-foot space is available to combine with it, creating a total of 3,558 square feet; the spaces may also be leased separately. The property is located at the corner of Conway Avenue and Buddy Owens Boulevard. Walmart anchors the center, alongside neighboring businesses including Agua Dental, Pizza Hut, Walgreens, Panda Express, and a nail salon.
Key Highlights
- 1,108‑square‑foot retail suite
- Adjacent 2,450‑square‑foot space allows a combined area of 3,558 square feet
- Spaces can be leased separately
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,510
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,200
$390.2K
Cap Rate 7%
$278,714
$278.7K
Cap Rate 9%
$216,778
$216.8K
Market Conditions
NOI Build-Up for 1,108 SF
Gross rent
$28.9K $26.04/SF
− Vacancy
−$981 −$0.89/SF
EGI
$27.9K $25.15/SF
− OpEx
−$8.4K −$7.55/SF
NOI
$19.5K $17.61/SF
Area
ZIP 78753
Vacancy
3.40%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,200
Cap Rate 7%
$278,714
Cap Rate 9%
$216,778
Alternative Uses
Best Use
Retail
$278.7K
$243.9K – $325.2K
NOI $19,510 @ 7.0% cap · market cap 1,281.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$434.2K
$379.9K – $506.6K
NOI $30,393 @ 7.0% cap · market cap 1,995.60%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
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Business Placement
Demographics for 78753, TX
58,761
Population
25,345
Households
2.3
Avg Household Size
32
Median Age
35%
College-Educated
80%
High-School Grad
11.3 sq mi
ZIP Area
5,200
Density / Sq Mi
$62,334
Median Household Income
$38,278
Median Earnings
$1,447
Median Rent
$344,100
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The space may be combined with an adjacent unit to accommodate a larger retail operation.
Where is this retail space located?
The property is located at 4322 N Conway Avenue Unit 108 Mission, TX.
What are key features of this property?
This property features: 1,108‑square‑foot retail suite; Adjacent 2,450‑square‑foot space allows a combined area of 3,558 square feet; Spaces can be leased separately
