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    703 Griffin Pkwy Mission, TX 78572

    Sponsored
    For Sale
    Contact for pricing

    Three prime retail pads, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial land offering presents three buildable retail pads totaling 3.96 acres. Located at 703 W Griffin Pkwy in Mission, Texas, 78572, this fee-simple property boasts a prime location at the heavily trafficked intersection of Conway and Griffin Parkway. The site is part of a larger 10-acre tract and is ideally suited for free-standing retail buildings or a retail strip center. Surrounding the property is a mix of established retail businesses and dense residential areas, ensuring a strong customer base. The asking price is $16 per square foot, reflecting a land value of $16 per square foot. This represents a compelling investment opportunity for owner-users seeking a high-visibility location in a thriving Texas market. The property's Class A designation underscores its quality and desirability. Strong traffic counts and excellent visibility make this an exceptional opportunity for businesses seeking maximum exposure. The site is ready for development, offering immediate access to a robust consumer market. This is a rare chance to acquire a well-positioned commercial property in a rapidly growing area. The property is for sale by owner.

    Property Features for 703 Griffin Pkwy

    General Information

    Property type
    Retail properties
    Class
    A
    Lot Size
    172,498 SF

    HighLights

    • Three buildable retail pads totaling 3.96 acres in Mission, TX.
    • Prime location at the heavily trafficked intersection of Conway and Griffin Parkway.
    • Excellent site for free‑standing retail buildings or a retail strip center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3303115
    Latitude
    26.2296763

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    FAQs

    What type of property is this?
    Retail property - Three prime retail pads, high traffic area.
    Where is this retail property located?
    The property is located at 703 Griffin Pkwy Mission, TX.
    What is the asking price?
    The asking price for this property is $16.
    What are key features of this property?
    This property features: Three buildable retail pads totaling 3.96 acres in Mission, TX.; Prime location at the heavily trafficked intersection of Conway and Griffin Parkway.; Excellent site for free-standing retail buildings or a retail strip center.
    Request Owner's contact information
    703 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
    703 Griffin Pkwy Mission, TX 78572
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