7710 W Expressway 83, Mission, TX 78572
Commercial building with warehouse, suitable for retail or daycare.
- 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
Listing office Realty Executives Rio Grande Valley (956) 433-9557
Listing date Nov 11, 2023
Source Crexi
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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
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 |
Alternative Uses
Current Use by Public Records
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