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    807 Palma Vis Dr Palmview, TX 78572

    Sponsored
    For Sale
    $375,000

    Restaurant/Warehouse Opportunity: 12,397 SF Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 807 W Palma Vista Drive in Mission, Texas, 78572, presents a unique investment opportunity. Situated on a sizable 12,397.176 square foot lot, this property boasts a prime location directly off I-2/Expressway 83 on the frontage road, ensuring high visibility and accessibility. The existing structure, built in 2009, offers 4,382 square feet of retail space and an additional 918 square feet of storage space, totaling 5,300 square feet. Previously utilized as a restaurant and retail store, the property's versatile design allows for a variety of uses, including restaurant, office, retail, or warehouse space. The asking price of $375,000 presents a competitive opportunity for buyers seeking to either renovate the existing building or construct a new structure tailored to their specific needs. The property's location in Hidalgo County, Texas, offers excellent access to major transportation routes and a thriving local market. This is an ideal investment for entrepreneurs and businesses seeking a high-traffic location with significant potential for growth. The property's size and location make it a highly desirable asset in the Mission, Texas commercial real estate market. Don't miss this chance to acquire a strategically positioned property with significant upside potential.

    Property Features for 807 Palma Vis Dr

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    2009

    HighLights

    • $375,000 asking price.
    • 12,397 sq ft lot.
    • 2009 construction.
    • Located in Mission, TX (Hidalgo County), near I‑2/Expressway 83.
    • 5,300 sq ft building previously used as restaurant and retail; adaptable for restaurant, office, retail, or warehouse use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmview
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3798162
    Latitude
    26.234098

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    FAQs

    What type of property is this?
    Restaurant - Restaurant/Warehouse Opportunity: 12,397 SF Lot
    Where is this restaurant located?
    The property is located at 807 Palma Vis Dr Palmview, TX.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: $375,000 asking price.; 12,397 sq ft lot.; 2009 construction.
    Request Owner's contact information
    807 Palma Vis Dr Palmview, TX 78572
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    Palmview, 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
    807 Palma Vis Dr Palmview, TX 78572
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