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    0000 Mile 7 Alton, TX 78574

    For Sale
    $650,000

    2+ Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2.032-acre commercial land parcel presents a unique investment opportunity in the thriving city of Mission, Texas. Strategically located on the northeast corner of Western Road and 107 Road, this property boasts unparalleled visibility and accessibility. Its prime location is surrounded by a vibrant mix of established businesses, including schools, restaurants, and convenience stores, ensuring high traffic volume and a strong customer base. The expansive lot size offers ample space for the development of a substantial commercial project, such as a shopping plaza, retail center, or other commercial venture. The asking price for this remarkable property is $650,000. Given its size, location, and surrounding amenities, this land represents a significant opportunity for investors seeking a high-return investment in a rapidly growing Texas market. The property is zoned for commercial use (verification of zoning with local authorities is recommended). The address is 0000 Mile 7 W, Mission, TX 78574, within Hidalgo County. This is a rare chance to acquire a substantial commercial land parcel in a highly desirable area with excellent potential for future development and significant return on investment. Serious inquiries are encouraged.

    Property Features for 0000 Mile 7

    General Information

    Property type
    Land
    Lot Size
    88,514 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office 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
    Alton
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3281296
    Latitude
    26.3182588

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    FAQs

    What type of property is this?
    Land - 2+ Acres, Prime Commercial Location
    Where is this land located?
    The property is located at 0000 Mile 7 Alton, TX.
    What is the asking price?
    The asking price for this property is $650,000.
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    0000 Mile 7 Alton, TX 78574
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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
    0000 Mile 7 Alton, TX 78574
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