Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Retail Pads Available For Lease Title is generated by Realmo AI

    4732 Interstate Hwy 2, Mission, TX

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail pads available for lease with multiple building options.

    Type:RETAIL
    Property size:
    11,000 SF
    Lot size:
    17.90 Acres
    Added:
    May 1, 2023
    Days on Market:
    1107
    Last Refresh:
    Apr 5 at 10:10 pm

    Property Features for 4732 Interstate Hwy 2

    General Information

    Standard status
    Active
    Size
    11,000 SF
    Lot size
    17.90 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 4732 Interstate Hwy 2 Contact us

    We can help!

    Listing Contact
    Brian Smith

    Listing agent Brian Smith

    Listing office Merit CRE

    Listing date May 1, 2023

    Source Moodyscre

    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 Merit CRE

    HighLights

    • 7 pads available, offering diverse development opportunities.
    • Expressway pylon sign provides excellent visibility.
    • Build‑to‑suit options to customize your space.
    • Multiple building delivery options available.
    • Suitable for a multi‑tenant building.
    • Ground lease available.

    Overview

    This property features 7 pads available for lease. Options include build-to-suit and multi-tenant building configurations. An expressway pylon sign is available. Multiple building delivery options are offered. Ground lease options are available.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    • MISSION PLAZA — 215 N Conway Ave, Mission, TX 78572
    • PLAZA SAN PEDRO — 308 N Conway Ave, Mission, TX 78572
    • Sandy's Fine Jewelry — 703 E 9th St, Mission, TX 78572, United States
    • White Kristal Plaza — 122 N Conway Ave, Mission, TX 78572
    • Coin Cloud Bitcoin ATM — 820 S Conway Ave, Mission, TX 78572

    Map

    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3253
    Latitude
    26.2159

    Nearby Similar for Lease

    • $2,750/Mo

      Advanced Medical Arts Center Suite

      Finished suite in a professional office center with courtyard.
      1112 Griffin Parkway, Mission, TX 78572
      View Details
    • $750/Mo

      Mission, TX Commercial Rental Space

      Flexible commercial space suitable for restaurants, retail, or wellness businesses.
      104 N Mayberry Road, Mission, TX 78573
      View Details
    • $24 SF/Yr

      Retail Space in Plaza Emmanuel

      Retail space available in high-traffic Mission, Texas location.
      10211 Mile 7 Road, Mission, TX 78573
      View Details
    • $20 SF/Yr

      Mission Retail Space For Lease

      Retail space available in high-traffic Mission location.
      10211 Mile 7 Road, Mission, TX 78573
      View Details
    • $3,369/Mo

      High-Visibility Retail Space Available

      Retail space with high traffic and expansion options.
      4322 N Conway Avenue, Mission, TX 78573
      View Details
    • $1,524/Mo

      Retail Space Near Walmart

      High-visibility retail space in established shopping center near Walmart.
      4322 N Conway Avenue, Mission, TX 78753
      View Details
    • $3,366/Mo

      Mission, TX Commercial Space

      Commercial space in a mixed-use plaza near Expressway 83.
      1352 E 1st Street, Mission, TX 78572
      View Details
    • $3,000/Mo

      Commercial Building in Mission, TX

      2,250 SF commercial building suitable for event center, gym.
      2722 N Conway Avenue, Mission, TX 78574
      View Details
    • $2,750/Mo

      Premier Office Space in Mission

      Coveted professional address with dual access and sculpted gardens.
      1112 E Griffin Parkway, Mission, TX 78572
      View Details
    • $2,700/Mo

      Mission, TX - Office Suite

      Turnkey office suite with courtyard and golf course views.
      1022 E Griffin Parkway W, Mission, TX 78572
      View Details
    • $2,750/Mo

      Retail Space on Shary Road

      1,183 SF retail space in ready-to-use condition.
      608 N Shary Road, Mission, TX 78572
      View Details
    • $20 SF/Yr

      Retail Space in Plaza Emmanuel

      Retail suites available for lease in high-traffic Mission location.
      10211 Mile 7 Road, Mission, TX 78573
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail pads available for lease with multiple building options.
    Where is this shopping center located?
    The property is located at 4732 Interstate Hwy 2 Mission, TX.
    What are key features of this property?
    This property features: 7 pads available, offering diverse development opportunities.; Expressway pylon sign provides excellent visibility.; Build‑to‑suit options to customize your space.
    (210) 541-2005 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brian Smith
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4732 Interstate Hwy 2, Mission, TX
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!