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    1205 Expy 83 Hwy Mission, TX 78572

    For Sale
    $1,200,000

    1.55 Acres, Expressway Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.55-acre commercial land parcel in Mission, Texas, presents a prime development opportunity. Located at 1205 E Expressway 83 Highway, this property boasts significant highway frontage, ensuring high visibility and traffic exposure for any future development. The site is ideally situated near Mission Hospital and prominent dealerships including Bert Ogden Cadillac, Chevrolet, and Maserati, providing convenient access to a substantial customer base. The property is comprised of four individual lots, each ready for immediate construction. Lot sizes and pricing are as follows: Lot 20 (50x300 ft) - $297,000

    Property Features for 1205 Expy 83 Hwy

    General Information

    Property type
    Land
    Lot Size
    67,518 SF

    HighLights

    • 1.55‑acre commercial land parcel in Mission, TX, ideal for development.
    • High‑visibility location with significant highway frontage on Expressway 83.
    • Excellent access to Mission Hospital and major dealerships.
    • Four build‑ready lots available; Lot 20 (50x300 ft) priced at $297,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3156399
    Latitude
    26.2003587

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    FAQs

    What type of property is this?
    Land - 1.55 Acres, Expressway Frontage
    Where is this land located?
    The property is located at 1205 Expy 83 Hwy Mission, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 1.55-acre commercial land parcel in Mission, TX, ideal for development.; High-visibility location with significant highway frontage on Expressway 83.; Excellent access to Mission Hospital and major dealerships.
    Request Owner's contact information
    1205 Expy 83 Hwy 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
    1205 Expy 83 Hwy Mission, TX 78572
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