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Property profile & analytics
OFF-MARKET
Specialty properties

1209 Conway Ave Mission, TX 78573

851,958 SF Built 2000
Property ID
Property summary
AI-generated overview

This exceptional 19.55-acre development property, located at 1209 Conway Avenue in Alton, Texas, presents a unique investment opportunity. Situated in a high-traffic area near downtown Alton, this expansive tract boasts excellent frontage on Conway Avenue (Highway 107), making it highly visible and easily accessible. The property's zoning allows for a variety of development options, including retail, multifamily, or mixed-use projects, catering to the growing needs of the community. Its strategic location offers proximity to major retailers, with Walmart and HEB located just one mile south at the intersection of Mile 3 and Conway Avenue. The property includes existing improvements, such as a house, which will be conveyed with the sale. The substantial square footage of 851,958 square feet provides ample space for a large-scale development project. Built in 2000, the existing structure offers potential for repurposing or demolition, depending on the chosen development plan. This property is ideally suited for an investor or developer seeking a prime location with significant potential for return. The asking price is $1,530,000. The property is located in Hidalgo County, Texas, with a zip code of 78573.

Property profile
Verified
Property type Specialty properties
Year built 2000
Total area 851,958 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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