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    1215 Expy Palmview, TX 78572

    For Lease
    $20 SF/Yr

    1,233 sq ft Office, High Visibility, Ample Parking

    Lot size:
    1,233 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property located at 1215 E Expressway in Palmview, Texas, presents a unique investment opportunity. The property encompasses 1.033 acres of land zoned C, identified by APN H20450101400, and features a 1,233 square-foot single-tenant office building. The building boasts a convenient layout including a reception area, a spacious open workspace, and one restroom. With 59 total parking spaces, ample parking is readily available for employees and clients. The property's strategic location on the expressway ensures high visibility and easy accessibility, providing excellent exposure to a large volume of traffic. This makes it an ideal location for a variety of businesses seeking a prominent presence in a high-traffic area. The property is situated in Mission, TX, zip code 78572, offering a convenient location within the region. This single-suite office building presents a compelling opportunity for businesses seeking a well-located, functional space with excellent visibility and ample parking. The property's combination of land and building provides flexibility for future expansion or development.

    Property Features for 1215 Expy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,233 SF

    Unit(s) available at that property

    Space
    Size
    1,233 SF
    Rate per SF
    $20

    HighLights

    • 1.033‑acre commercial lot zoned C in Palmview, TX (APN H20450101400).
    • 1,233 SF single‑tenant office building with reception, open workspace, and one restroom.
    • 59 parking spaces.
    • High‑visibility location on the Expressway with excellent traffic exposure.
    • Convenient location in Mission, TX (zip code 78572).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Palmview
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3705779
    Latitude
    26.217705

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    FAQs

    What type of property is this?
    Office Property / Space - 1,233 sq ft Office, High Visibility, Ample Parking
    Where is this office property / space located?
    The property is located at 1215 Expy Palmview, TX.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 1.033-acre commercial lot zoned C in Palmview, TX (APN H20450101400).; 1,233 SF single-tenant office building with reception, open workspace, and one restroom.; 59 parking spaces.
    Request Owner's contact information
    1215 Expy Palmview, TX 78572
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    Palmview, TX 78572
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    Realmo Value Estimation

    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.

    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.

    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
    1215 Expy Palmview, TX 78572
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