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    1601 Griffin Pkwy Mission, TX 78572

    • Strip malls
    • 1,368 SF
    • 0.04 lot acres
    For Lease
    View listing
    $0.01 SF/Yr
    Value Estimation
    $260,000
    Location Intelligence
    Property ID
    US82-4498485
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • B / Barbecue Restaurant
    • BurntOut BBQ / Barbecue Restaurant
    • Amado Home Health Care / Home Health Care Service
    • Happy Valley Phc Inc / Home Health Care Service

    Property Details for 1601 Griffin Pkwy

    Year built
    1997
    Lot size
    0.04 lot acres
    Property size
    1,368 SF
    Zone code
    CO
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    S2780-00-003-0015-00
    APU
    S278000003001500

    Description

    This exceptional single-tenant office space, located at 1601 E Griffin Parkway #C in Mission, Texas, 78572, offers 2,200 square feet of versatile layout ideal for various professional uses, including medical and administrative offices. Situated within the Shary Gardens Plaza, the property boasts a welcoming lobby, multiple private offices, a well-equipped kitchen, and convenient storage areas. Ensuring both comfort and safety, the suite includes multiple bathrooms and strategically placed emergency exits. The property sits on a 2,699.84 square foot lot and benefits from the plaza's ample parking, providing 110 spaces for clients and staff. Its prime location in a high-traffic area ensures excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence. The property's APN is S278000003001300. This move-in ready space presents a fantastic opportunity for healthcare practices or professional offices seeking a desirable location in Mission, Texas. The property is classified as Commercial and Executive Office, and is a single-tenant occupancy.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $225,000

    • CAP approach

      CAP return
      Estimation
      6%
      $315,000
      6.5%
      $345,000
      7%
      $325,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $330,000
      Retail
      $330,000
      Mixed-Use
      $290,000
      Hospitality
      $365,000
      Educational
      $355,000
      Residential Income
      $340,000
      Energy
      $275,000
      Income-Based Land
      $265,000
      Food Service
      $285,000

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2979
    Latitude
    26.2266
    CBSA code
    32580
    CBSA name
    MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $2,533
    $25,066
    $74,002
    $99,068
    -
    $25,066
    $74,002
    $99,068

    Comparable in this City

    • Value Estimation by Request
      18,825 SF

      2500 Interstate Hwy 2nd 2

      SHOPPING CENTER, STRIP CENTER • 18,825 SF
      2500 Interstate Hwy 2nd 2, Mission, TX 78572-6673
      View Details
    • Value Estimation by Request
      9,188 SF

      2521 Interstate Hwy 2nd 2

      SHOPPING CENTER, STRIP CENTER • 9,188 SF
      2521 Interstate Hwy 2nd 2, Mission, TX 78572-9808
      View Details
    • Value Estimation by Request
      24,060 SF

      Expy 83

      SHOPPING CENTER, STRIP CENTER • 24,060 SF
      Expy 83, Mission, TX 78572
      View Details
    • Value Estimation by Request
      9,975 SF

      601 Interstate Hwy 2nd 2

      SHOPPING CENTER, STRIP CENTER • 9,975 SF
      601 Interstate Hwy 2nd 2, Mission, TX 78572
      View Details
    • Value Estimation by Request
      11,040 SF

      2310 Interstate Hwy 2nd 2

      SHOPPING CENTER, STRIP CENTER • 11,040 SF
      2310 Interstate Hwy 2nd 2, Mission, TX 78572-2103
      View Details
    • Value Estimation by Request
      11,600 SF

      808 Shary Rd

      SHOPPING CENTER, STRIP CENTER • 11,600 SF
      808 Shary Rd, Mission, TX 78572-8568
      View Details

    Similar Nearby for Sale

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    • $1,500,000
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      Mission, TX Commercial Land & Building

      High-Traffic Retail Investment Opportunity
      1810 Griffin Pkwy, Mission, TX 78572
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    • $80,000
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      Established Business with Brand Heritage

      Turnkey operation with international brand recognition and loyal customer base.
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    Similar Nearby for Lease

    • $18 SF/Yr
      18,853 SF

      Mission, TX Retail Space Available

      Mixed-use plaza with high visibility and traffic volume.
      1600 N Conway Ave, Mission, TX 78572
      View Details
    • $18 SF/Yr
      18,853 SF

      Mission, TX Mixed-Use Plaza

      Mixed-use plaza with high visibility, traffic, and nearby retailers.
      1604 N Conway Ave, Mission, TX 78572
      View Details
    • Contact for pricing
      1,785 SF

      Retail Space in Mission, Texas

      Retail space available in shopping center anchored by HEB.
      201 S Shary Rd, Mission, TX 78572
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space in Mission, Texas

      Retail space available in Sharyland Towne Crossing.
      2901 Expressway 83 E, Mission, TX 78572
      View Details
    • Contact for pricing
      4,100 SF

      Retail Space on Conway Avenue

      Retail space available with high traffic volume in Mission, TX.
      2405 N Conway Ave, 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
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    Mission, TX 78572
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    Realmo Value Estimation

    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.

    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.

    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
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