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    Expressway Frontage Commercial Property Title is generated by Realmo AI

    7710 W Expressway 83, Mission, TX 78572

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    Commercial building with warehouse, suitable for retail or daycare.

    Type:Special Purpose, Office, Industrial
    Property size:
    1,800 SF
    Price / SF:
    $194/SF
    Added:
    Nov 11, 2023
    Days on Market:
    970
    Last Refresh:
    Jun 28 at 3:54 pm

    Property Features for 7710 W Expressway 83

    General Information

    Standard status
    Active
    Size
    1,800 SF
    Property subtype
    Special Purpose, Office, Industrial

    Building Details

    Year Built
    1987

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    Mere Flores
    Mere Flores

    Listing office Realty Executives Rio Grande Valley

    Listing date Nov 11, 2023

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives Rio Grande Valley

    HighLights

    • Prime real estate location directly off the expressway.
    • Substantial frontage (over 75 sq ft) as per recorded plat.
    • Two buildings: 1,800 sq ft commercial building (formerly daycare) and approx. 3,400 sq ft warehouse.
    • Versatile commercial building suitable for retail, daycare, event center, or professional office spaces.
    • Existing warehouse currently used as a mechanic shop.
    • Large mix‑use area within the commercial building.

    Overview

    This commercial property features over 75 square feet of frontage. The main commercial building at the front of the property encompasses 1,800 square feet and was previously operated as a daycare. A warehouse, approximately 3,400 square feet, is located at the back of the property and is currently used as a mechanic shop. The property includes a large mixed-use area and warehouse, making it suitable for various purposes such as retail, daycare, an event center, or professional office spaces.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $55.3k $30.72
    − Vacancy −$15.2k −$8.42
    EGI $40.1k $22.30
    − OpEx −$10.0k −$5.58
    NOI $30.1k $16.73
    1,800 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $430.1K
    $376.4K – $501.8K (±1% cap)
    NOI $30,109 @ 7.0% cap · market cap 8.60%
    Second Best
    Retail
    $347.2K
    $303.8K – $405.1K (±1% cap)
    NOI $24,304 @ 7.0% cap · market cap 6.94%
    Theoretical Best
    Hotel Hospitality
    $1.36M
    $1.19M – $1.58M (±1% cap)
    NOI $94,905 @ 7.0% cap · market cap 27.12%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Day care centers

    Suggested Use

    Parking Lot & Garage Electrical Service Real Estate Agency Locksmith Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

    Similar Places Nearby

    • Little Eagles Child Care — 501 W Tom Landry St #2, Mission, TX 78572
    • Eagle Heights Day Care — 1000 Jones Ave, Mission, TX 78572
    • Menchaca Lupita's Day Care — 1405 Olmo St, Mission, TX 78572
    • We Care Family Daycare — 311 W Leo Najo St, Mission, TX 78573

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.432304
    Latitude
    26.241817

    FAQs

    What type of property is this?
    Day care center - Commercial building with warehouse, suitable for retail or daycare.
    Where is this day care center located?
    The property is located at 7710 W Expressway 83 Mission, TX.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Prime real estate location directly off the expressway.; Substantial frontage (over 75 sq ft) as per recorded plat.; Two buildings: **1,800 sq ft commercial building** (formerly daycare) and approx. 3,400 sq ft warehouse.
    (956) 433-9557 Call to check price and availability
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