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    1640 Griffin Pkwy Mission, TX 78572

    For Lease
    $27 SF/Yr

    Prime Daycare Land, Turnkey Opportunity

    Lot size:
    13,627 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 6,003 square foot commercial land parcel presents a unique investment opportunity. Currently improved with a thriving daycare and preschool facility, the property boasts a substantial 13,627 square feet of building space. The existing structure features eleven classrooms, a spacious cafeteria, a fully equipped kitchen, and ample storage areas, including a dedicated janitorial room and outside storage. Staff and children are well-served by nine restrooms and a comfortable teachers' lounge. A key feature is the inclusion of a secure playground and ample security measures, including cameras throughout the building. The HVAC system comprises five air conditioning units, ensuring year-round climate control. A private office and reception area complete the functional layout. The property is conveniently located in a highly desirable area with easy access to amenities and transportation, making it an ideal location for a continued daycare operation or a potential redevelopment project. The property's single-tenant occupancy simplifies management, and the existing infrastructure provides a solid foundation for immediate operation or future expansion. The lot size is 6,003 square feet, and the Assessor's Parcel Number (APN) is S626001000002400. This turnkey operation offers significant potential for growth and return on investment.

    Property Features for 1640 Griffin Pkwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,627 SF

    Unit(s) available at that property

    Space
    Size
    13,627 SF
    Rate per SF
    $27

    HighLights

    • 6,003 sq ft commercial land parcel.
    • Single‑tenant occupancy.
    • APN: S626001000002400.
    • Zoned for commercial use.
    • No on‑site parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Little Crayons Institute, ... Preschool

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2982159
    Latitude
    26.2249167

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    FAQs

    What type of property is this?
    Land - Prime Daycare Land, Turnkey Opportunity
    Where is this land located?
    The property is located at 1640 Griffin Pkwy Mission, TX.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: 6,003 sq ft commercial land parcel.; Single-tenant occupancy.; APN: S626001000002400.
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    1640 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
    1640 Griffin Pkwy Mission, TX 78572
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