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    1810 Griffin Pkwy Mission, TX 78572

    For Sale
    $1,500,000

    High-Traffic Retail Investment Opportunity

    Property size:
    3,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional Mission, Texas commercial property, located at 1810 W Griffin Parkway, presents a lucrative investment opportunity. The 3,200 square foot building sits on a spacious 10,402.128 square foot lot and was constructed in 1999. Currently configured as a fully equipped bar with kitchen appliances, TVs, and furniture, it's ready for immediate operation. A significant advantage is the inclusion of a second unit, currently leased as a beauty salon, generating immediate rental income. The property boasts a recently upgraded infrastructure, including a two-year-old premium rubber roof and two brand-new air conditioning units (installed within the last year). This turnkey investment is ideally situated in a high-traffic area, ensuring maximum client exposure and strong potential for return. The asking price for this prime commercial real estate is $1,500,000. The property's location in Mission, Hidalgo County, Texas (zip code 78572) offers excellent accessibility and visibility. This is a rare chance to acquire a well-maintained, income-producing property in a thriving commercial zone.

    Property Features for 1810 Griffin Pkwy

    General Information

    Property type
    Retail properties
    Square Feet
    3,200 SF

    Building Details

    Year Built
    1999

    HighLights

    • $1,500,000 asking price.
    • 3,200 square foot commercial land and retail property.
    • Located at 1810 W Griffin Parkway, Mission, TX 78572.
    • 10,402.128 square foot lot.
    • Built in 1999.
    • Currently operating as a bar with existing kitchen equipment, TVs, and furniture; includes a separately leased beauty salon.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Venkatasubbaraya C. ... Internist J.a.l.l.'s Sports Bar ... Bar Nunez Humberto MD Doctor Lindemann John MD Family Practice Physician Ayala Jose M ... Doctor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3483478
    Latitude
    26.2337124

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    FAQs

    What type of property is this?
    Retail property - High-Traffic Retail Investment Opportunity
    Where is this retail property located?
    The property is located at 1810 Griffin Pkwy Mission, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price.; 3,200 square foot commercial land and retail property.; Located at 1810 W Griffin Parkway, Mission, TX 78572.
    Request Owner's contact information
    1810 Griffin Pkwy Mission, 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
    1810 Griffin Pkwy Mission, TX 78572
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