Technical
Financial
Distress signals
Property profile

106 Cummings Ave Mission, TX 78572

OFF-MARKET
Apartment buildings
Property ID
US82-3020593
3,939 SF 0.17 ac lot Built 1977
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 7,500.161 square foot commercial land parcel presents a compelling investment opportunity in the heart of Mission, Texas. Located at 106 S Cummings Avenue, 78572, this property offers significant potential for development or redevelopment. Built in 1977, the land provides a blank canvas for a variety of commercial ventures, benefiting from its convenient location near numerous amenities. The asking price is $340,000. This prime location in Hidalgo County, Texas, offers easy access to major transportation routes and a thriving local economy. The property's substantial size allows for considerable flexibility in development plans, catering to a wide range of commercial uses. Investors seeking a strategically positioned asset with high growth potential will find this property particularly attractive. Its central location within Mission ensures high visibility and accessibility for any future business. Serious inquiries are encouraged to explore the possibilities this exceptional commercial land parcel offers. The property is zoned for commercial use (verification of zoning with local authorities is recommended). This is an excellent opportunity to acquire a well-situated commercial lot in a rapidly growing Texas market.

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1977
Total area 3,939 SF
Lot 0.17 ac (7,501 SF)
APN S5250-01-011-0026-00
UPID US82-3020593

Cap rate & NOI

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

Location

106 Cummings Ave Mission, TX 78572-5255
Mission metro Census 20105 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

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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