Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Abram Rd Mission, TX 78572

    • Land
    • 19.60 lot acres
    For Sale
    View listing
    $490,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Abram Rd

    Lot size
    19.60 lot acres
    Property type
    Land

    Description

    This exceptional 19.6-acre tract of land is situated on Abram Road in Mission, Texas, within Hidalgo County, and boasts a highly desirable location. The property's expansive size presents significant development potential for a variety of uses, making it an attractive investment opportunity. Zoned for [Note: Zoning information is missing from the provided data, and therefore cannot be included]. The land is conveniently located off Abram Road, providing easy access to major transportation routes and local amenities. With its substantial acreage and strategic location, this property offers a unique chance to capitalize on the growth and development within the Mission area. The asking price for this significant land parcel is $490,000. Prospective buyers are encouraged to conduct their own due diligence to verify all aspects of the property and its suitability for their intended purpose. Detailed surveys and environmental reports are available upon request. This is a rare opportunity to acquire a large tract of land in a thriving Texas community. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3885
    Latitude
    26.2954

    Comparable in this City

    • Value Estimation by Request

      1210 Bryce Dr

      Land
      1210 Bryce Dr, Mission, TX 78572
      View Details
    • Value Estimation by Request
      18.50 Acres

      Iowa Rd

      Land • 18.50 Acres
      0 Iowa Rd, Mission, TX 78572
      View Details
    • Value Estimation by Request
      2.03 Acres

      00 1St St

      Land • 2.03 Acres
      00 1St St, Mission, TX 78572
      View Details
    • Value Estimation by Request
      29.00 Acres

      Texan Rd

      Land • 29.00 Acres
      0 Texan Rd, Mission, TX 78572
      View Details
    • Value Estimation by Request
      22.60 Acres

      Iowa Rd

      Land • 22.60 Acres
      0 Iowa Rd, Mission, TX 78572
      View Details
    • Value Estimation by Request

      2218 Tangelo Ave

      Retail properties
      2218 Tangelo Ave, Mission, TX 78572
      View Details

    Similar Nearby for Sale

    • $183,000

      Mission Commercial Land - Huge Potential

      Prime Mission location, multi-family zoning, 16,000 sq ft lot.
      1210 Bryce Dr, Mission, TX 78572
      View Details
    • $875,000
      2,400 SF

      Prime Palmview Commercial Land

      2.4 Acre Lot, $875,000
      611 Bentsen Palm Dr, Mission, TX 78572
      View Details
    • $1,680,000
      2.21 Acres

      Mission Commercial Land - 2.2 Acres

      Prime Mission, TX commercial land. High visibility, excellent location.
      0 Business 83 Hwy, Mission, TX 78572
      View Details
    • $150,000

      Mission, TX Multifamily Development Opportunity

      11-Unit Apartment Complex, Prime Location
      1105 Showers Rd, Mission, TX 78572
      View Details
    • $145,000

      Mission Commercial Land - $145K

      Prime Mission, TX commercial lot. High visibility, ideal for development.
      823 Perkins Ave, Mission, TX 78572
      View Details
    • $522,000
      29.00 Acres

      Mission, TX Land: 29 Acres

      Prime Hidalgo County acreage, excellent investment.
      0 Texan Rd, Mission, TX 78572
      View Details

    Similar Nearby for Lease

    • $28 SF/Yr
      1,183 SF

      Mission Commercial Plaza: Executive Office Space

      Prime Mission location, 1,183 sq ft, ample parking.
      608 Shary Rd, Mission, TX 78572
      View Details
    • $18 SF/Yr
      1,192 SF

      Mission Executive Office Suite

      Prime Office Space, 1,192 sq ft
      2100 Shary Rd, Mission, TX 78572
      View Details
    • $20 SF/Yr
      10,062 SF

      Prime Penitas Commercial Land

      2.68 acres, 58 parking spaces
      2400 Expressway 83, Mission, TX 78572
      View Details
    • $27 SF/Yr
      13,627 SF

      Griffin Parkway Commercial Land

      Prime Daycare Land, Turnkey Opportunity
      1640 Griffin Pkwy, Mission, TX 78572
      View Details
    • $112 SF/Yr
      80 SF

      Mission, TX Commercial Land & Office

      1.58-acre Office Space, Single Tenant
      2515 Colorado St, Mission, TX 78572
      View Details
    • $19 SF/Yr
      3,344 SF

      Palmview Restaurant Opportunity

      Fully equipped, high-traffic location
      121 Bentsen Palm Dr, Palmview, TX 78572
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Abram Rd
    Mission, TX 78572
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.