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Retail Suite with Second-Floor Space
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922 N Conway Ave, Mission, TX 78572

A flexible layout accommodates retail, service, or professional use, with rear-alley unloading access.

Property Size6,393 SF
Price / SF$0.93
Days on Market30

Property Features for 922 N Conway Ave

General Information

Standard status Active
Size 6,393 SF

Taxes and HOA fees

Annual Taxes $7,392

Building Details

Year Renovated 2026
Listing Agency: Coldwell Banker La Mansion
Listed By: Jesus Gonzalez
Source: Exprealty
Added: Sep 21 Changed: Oct 19 Last Checked: Oct 19 at 2:19PM

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 Coldwell Banker La Mansion

Rey
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Investment Insights

Based on property information with market context.

This retail suite at 922 N Conway Ave includes an additional approximately 321-square-foot second-floor area that can serve as storage or a private office. Swinging doors connect the space to rear alley access for unloading. The interior received fresh paint in 2026.

The property is in Downtown Mission along N Conway Avenue. Its layout supports retail, service, or professional uses.

Key Highlights

  • Approximately 321 SF of second‑floor area for storage or private office use
  • Rear alley access through swinging doors for unloading
  • Fresh interior paint completed in 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$86,319
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,726,380 $1.7M
Cap Rate 7%
$1,233,129 $1.2M
Cap Rate 9%
$959,100 $959.1K
Market Conditions
NOI Build-Up for 6,393 SF
Gross rent
$131.2K $20.52/SF
− Vacancy
−$7.9K −$1.23/SF
EGI
$123.3K $19.29/SF
− OpEx
−$37.0K −$5.79/SF
NOI
$86.3K $13.50/SF
Area
Hidalgo County, TX
Vacancy
6.00%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,726,380
Cap Rate 7%
$1,233,129
Cap Rate 9%
$959,100

Alternative Uses

Best Use
Retail
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,319 @ 7.0% cap · market cap 1,450.98%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$4.82M
$4.21M – $5.62M (±1% cap)
NOI $337,071 @ 7.0% cap · market cap 5,666.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

FAMSA Furniture Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Electrical Service Garden Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

822
Businesses Nearby

Demographics for 78572, TX

78,280
Population
32,696
Households
2.4
Avg Household Size
36
Median Age
25%
College-Educated
75%
High-School Grad
53.7 sq mi
ZIP Area
1,458
Density / Sq Mi
$54,029
Median Household Income
$30,004
Median Earnings
$900
Median Rent
$121,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A flexible layout accommodates retail, service, or professional use, with rear-alley unloading access.
Where is this retail space located?
The property is located at 922 N Conway Ave Mission, TX.
What are key features of this property?
This property features: Approximately 321 SF of second‑floor area for storage or private office use; Rear alley access through swinging doors for unloading; Fresh interior paint completed in 2026
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