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    Palmview Commercial Opportunity For Sale Title is generated by Realmo AI

    914 W Veterans Boulevard, Mission, TX 78574

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    Enclosed metal structure suitable for retail, storage, or event space.

    Type:Industrial
    Property size:
    4,200 SF
    Price / SF:
    $152/SF
    Added:
    Mar 6, 2026
    Days on Market:
    96
    Last Refresh:
    Mar 16 at 1:37 pm

    Property Features for 914 W Veterans Boulevard

    General Information

    Standard status
    Active
    Size
    4,200 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1988

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    Listing Contact
    Grace Castro

    Listing agent Grace Castro License #839814

    Listing office Ursa Real Estate, LLC

    Listing date Mar 6, 2026

    Source Crexi

    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 Ursa Real Estate, LLC

    HighLights

    • High‑traffic location in Palmview, TX offering outstanding visibility.
    • Versatile enclosed metal structure suitable for retail, storage, event space, or multiple commercial units.
    • Significant potential for future growth and expansion due to ample surrounding land.
    • Ideal for investors or owner‑users seeking to establish a presence in a rapidly developing area.
    • Ability to be divided into multiple commercial units.
    • Additional parking possible.

    Overview

    This commercial property is located in Palmview, Texas. The enclosed metal structure offers versatile use, suitable for retail, storage, or event space. It can also be divided into multiple commercial units. Situated in a high-traffic area, the property provides visibility for new or expanding businesses. The property has a size of 4200 square feet. There is ample surrounding land, allowing potential for future growth, expansion, and additional parking. It is located in a rapidly developing area.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $86.2k $20.52
    − Vacancy −$5.2k −$1.23
    EGI $81.0k $19.29
    − OpEx −$24.3k −$5.79
    NOI $56.7k $13.50
    4,200 SF · lease $20.52/SF/yr · vacancy 6.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $810.1K
    $708.9K – $945.2K (±1% cap)
    NOI $56,709 @ 7.0% cap · market cap 8.86%
    Second Best
    Warehouse
    $383.4K
    $335.5K – $447.3K (±1% cap)
    NOI $26,837 @ 7.0% cap · market cap 4.19%
    Theoretical Best
    Hotel Hospitality
    $3.16M
    $2.77M – $3.69M (±1% cap)
    NOI $221,445 @ 7.0% cap · market cap 34.60%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.378606
    Latitude
    26.23746

    FAQs

    What type of property is this?
    Flex space - Enclosed metal structure suitable for retail, storage, or event space.
    Where is this flex space located?
    The property is located at 914 W Veterans Boulevard Mission, TX.
    What is the asking price?
    The asking price for this property is $640,000.
    What are key features of this property?
    This property features: High‑traffic location in Palmview, TX offering outstanding visibility.; Versatile enclosed metal structure suitable for retail, storage, event space, or multiple commercial units.; Significant potential for future growth and expansion due to ample surrounding land.
    More about this property
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