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    2427 Griffin Pkwy Mission, TX 78572

    Sponsored
    For Lease
    $10 SF/Yr

    Versatile 6,751 sq ft lot, 10 parking spaces

    Lot size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,751 square foot commercial property, located at 2427 E Griffin Parkway in Mission, Texas, presents a unique investment opportunity. Zoned C, this versatile lot offers a multitude of potential uses, including retail, office space, or even a place of worship. The property boasts a convenient single-tenant occupancy and ample parking with 10 spaces available. The property type encompasses land, office, retail, and industrial uses, providing significant flexibility for future development or immediate occupancy. The lot size is substantial, providing ample space for expansion or additional structures. The property's address is 2427 E Griffin Parkway, Mission, TX 78572, situated in a high-traffic area, making it ideal for businesses seeking high visibility and accessibility. The APN is T528000001001600. This property is ready for immediate occupancy, presenting a rare chance to establish a presence in a thriving Texas market. The existing building is 1,500 square feet. This property is a prime location for a variety of commercial ventures.

    Property Features for 2427 Griffin Pkwy

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,500 SF

    Unit(s) available at that property

    Space
    Size
    1,500 SF
    Rate per SF
    $10
    Property Profile Location Intelligence

    Current Use by Public Records

    Paleteria Y Neveria ... Ice Cream Shop Glitters Nails & Spa Nail Salon

    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
    -98.2816244
    Latitude
    26.2243176

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    FAQs

    What type of property is this?
    Distribution property - Versatile 6,751 sq ft lot, 10 parking spaces
    Where is this distribution property located?
    The property is located at 2427 Griffin Pkwy Mission, TX.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    Request Owner's contact information
    2427 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
    2427 Griffin Pkwy Mission, TX 78572
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