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    107 -- Hwy Mission, TX 78573

    For Sale
    $949,900

    Prime 1-acre commercial lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1.004-acre commercial land parcel presents a remarkable investment opportunity in Mission, Texas. Strategically located on the northeast corner of State Highway 107 and Conway Avenue, this property boasts unparalleled visibility and accessibility, making it ideal for a variety of commercial ventures. Its prime location within a thriving, emerging market ensures high traffic counts from both State Highway 107 and Conway Avenue. Envision a convenient store, gas station, fast-food restaurant, or retail strip center flourishing on this highly visible site. The property's one-acre size offers ample space for development, while the availability of an additional 2.25 acres (sold separately or together) provides expansion potential for larger-scale projects. This is a rare chance to acquire a highly desirable commercial lot in a rapidly growing area. The asking price is $949,900. The property is located in Hidalgo County, Texas, with the address listed as -- W Hwy 107, Mission, TX 78573. MLS #449340.

    Property Features for 107 -- Hwy

    General Information

    Property type
    Land
    Lot Size
    43,734 SF

    HighLights

    • $949,900 asking price.
    • 1.004‑acre commercial land parcel.
    • Located at the northeast corner of State Highway 107 and Conway Avenue in Mission, TX.
    • High visibility and accessibility, ideal for retail development (e.g., convenience store, gas station, fast food).
    • High traffic counts on both roadways.
    • Additional 2.25 acres available separately or together.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2833725
    Latitude
    26.3133025

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    FAQs

    What type of property is this?
    Land - Prime 1-acre commercial lot, high visibility.
    Where is this land located?
    The property is located at 107 -- Hwy Mission, TX.
    What is the asking price?
    The asking price for this property is $949,900.
    What are key features of this property?
    This property features: $949,900 asking price.; 1.004-acre commercial land parcel.; Located at the northeast corner of State Highway 107 and Conway Avenue in Mission, TX.
    (956) 631-1322
    Request Owner's contact information
    107 -- Hwy 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
    107 -- Hwy Mission, TX 78573
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