1786 Business Hwy 83 Hwy Mission, TX 78572
- Commercial real estate
- 48,284 SF
- 3.37 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1786 Business Hwy 83 Hwy
- Year built
- 1990
- Lot size
- 3.37 lot acres
- Property size
- 48,284 SF
- Property type
- Commercial real estate
Description
This exceptional 48,284 square foot commercial property, situated on a 3.37-acre lot at 1786 W Business Hwy 83 in Mission, Texas, presents a compelling investment opportunity. Currently operating as a 50-room motel with a private 3-bedroom living quarters, the property's prime location at a signalized intersection in a rapidly expanding area makes it ideal for redevelopment. The existing structure offers immediate income potential while presenting significant upside for future development. Several redevelopment options exist, including a gas station/truck stop, capitalizing on the high traffic count and expressway access, allowing for ample space for fueling stations, truck parking, and a convenience store. Alternatively, the property's high visibility makes it perfect for retail development, such as a shopping center, quick-service restaurants, or boutique shops. A multi-family conversion is also feasible, given its central location near major roads and amenities. This property is located in one of Mission's fastest-growing corridors, ensuring high visibility and long-term value. The seller is retiring, presenting a unique chance to acquire this versatile property and shape its future. Priced at $2,700,000, this is a rare opportunity to acquire a significant piece of commercial real estate in a thriving Texas market. Don't miss this chance to transform this site into a cornerstone of West Mission's burgeoning commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mission
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.348
- Latitude
- 26.2175