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    00 Conway Ave Mission, TX 78573

    For Sale
    $1,399,000

    Prime 9-acre tract, mixed-use potential, feasibility study complete.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 9.32-acre development opportunity is situated in Alton, Texas, off Conway and Mile 4, a rapidly expanding area experiencing significant growth in both commercial and residential sectors. The property is zoned for mixed-use development, presenting a unique chance to capitalize on this burgeoning market. A comprehensive feasibility study has already been completed, significantly reducing the time and cost associated with initial planning. Furthermore, a conditionally approved site plan and a detailed survey are included with the sale, providing a solid foundation for immediate project commencement. These documents offer a clear vision for a development incorporating both multi-residential and commercial components, catering to the diverse needs of the community. The property's strategic location and the existing planning documents make this an attractive investment for developers seeking a streamlined path to a profitable project in a high-growth area. This is a rare chance to acquire a ready-to-develop site in a thriving Texas market, offering substantial potential for a strong return on investment. The existing site plan, survey, and feasibility study are available for review upon request. Don't miss this opportunity to secure a prime piece of land in Alton, Texas.

    Property Features for 00 Conway Ave

    General Information

    Property type
    Land
    Lot Size
    405,979 SF

    HighLights

    • $1,399,000 asking price.
    • 9.32‑acre commercial and residential development land parcel.
    • Located in Alton, TX (Hidalgo County), near Conway and Mile 4.
    • Partial feasibility study, approved site plan, and survey included.
    • Prime location in a rapidly growing area with high development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.305098
    Latitude
    26.3372654

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    FAQs

    What type of property is this?
    Land - Prime 9-acre tract, mixed-use potential, feasibility study complete.
    Where is this land located?
    The property is located at 00 Conway Ave Mission, TX.
    What is the asking price?
    The asking price for this property is $1,399,000.
    What are key features of this property?
    This property features: $1,399,000 asking price.; 9.32-acre commercial and residential development land parcel.; Located in Alton, TX (Hidalgo County), near Conway and Mile 4.
    (956) 994-9393
    Request Owner's contact information
    00 Conway Ave Mission, TX 78573
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    Mission, TX 78573
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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
    00 Conway Ave Mission, TX 78573
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