806-810 Expressway 83 Mission, TX 78572
This exceptional investment opportunity presents a fully occupied commercial plaza in Mission, Texas, ideally situated on West Expressway 83 between Conway and Los Ebanos. The property boasts excellent visibility and frontage along the highway. The 23,838.21 square foot lot encompasses two buildings: a 2,419 square foot restaurant (Tacos La Silla, a 14-year tenant) and a 2,404 square foot retail strip with three suites occupied by the same two tenants for nine years. All leases are currently month-to-month, offering immediate potential for increased profitability through market-rate rent adjustments. Adding to the property's value is a 0.22-acre vacant lot currently used for additional parking. Built in 2009, this property presents a strong cash flow opportunity with significant upside potential for a savvy investor. The strategic location and existing tenant base make this a compelling investment in a thriving Texas market. The asking price is $1,150,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.