807 Palma Vis Dr Palmview, TX 78572
This exceptional commercial property, located at 807 W Palma Vista Drive in Mission, Texas, 78572, presents a unique investment opportunity. Situated on a sizable 12,397.176 square foot lot, this property boasts a prime location directly off I-2/Expressway 83 on the frontage road, ensuring high visibility and accessibility. The existing structure, built in 2009, offers 4,382 square feet of retail space and an additional 918 square feet of storage space, totaling 5,300 square feet. Previously utilized as a restaurant and retail store, the property's versatile design allows for a variety of uses, including restaurant, office, retail, or warehouse space. The asking price of $375,000 presents a competitive opportunity for buyers seeking to either renovate the existing building or construct a new structure tailored to their specific needs. The property's location in Hidalgo County, Texas, offers excellent access to major transportation routes and a thriving local market. This is an ideal investment for entrepreneurs and businesses seeking a high-traffic location with significant potential for growth. The property's size and location make it a highly desirable asset in the Mission, Texas commercial real estate market. Don't miss this chance to acquire a strategically positioned property with significant upside potential.
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
Similar Nearby for Sale
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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.