Technical
Financial
Distress signals
Property profile

1002 Hoerner Rd Mission, TX 78572

OFF-MARKET
Warehouses
Property ID
US83-3031869
22,400 SF 2.78 ac lot Built 1959
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1959
Construction TILT-UP CONCRETE
Total area 22,400 SF
Lot 2.78 ac (121,097 SF)
APN S2950-00-000-0214-11
UPID US83-3031869

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Factory Production Facility

Location

1002 Hoerner Rd Mission, TX 78572-4640
Mission metro Census 20304 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$850k

Owner & transaction history

since 2018
5 recorded transactions
2018
Price N/A
2018
Price N/A
2017
Price N/A
2009
Price N/A
2008
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $2.4M +60.9%
Medical building $2.2M +49.1%
Neighborhood: shopping center $2.1M +43.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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