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Property profile & analytics
OFF-MARKET
Commercial real estate

1229 Griffin Pkwy Mission, TX 78572

Entity Owned 4-yr Hold
Property ID
US82-3411259
Property summary
AI-generated overview

This exceptional 2.12-acre commercial land parcel, located at 1229 E Griffin Parkway #2 in Mission, Texas (zip code 78572), presents a unique investment opportunity. The property, identified by APN W010000025001101, is designated for single-tenant occupancy and offers ample parking with 10 spaces available. Currently undeveloped, this lot is part of a new commercial plaza strategically positioned between Stewart Road and Bryan Road in Mission, Texas. The plaza is projected for completion in October 2024, providing an ideal timeframe for development and occupancy. With a total lot size of 2.12 acres, this property offers significant potential for a variety of commercial uses. The property's location within a thriving commercial area ensures high visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in Mission. This is a rare opportunity to secure a prime location in a rapidly developing area. The property is zoned for commercial use (specific zoning information should be independently verified). Don't miss this chance to establish your business in this highly sought-after location. Act now to reserve your space in this promising new commercial plaza.

Property profile
Verified
Property type Commercial real estate
UPID US82-3411259
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Loretto Restaurant Group Family LP · 4 yrs held
Loretto Restaurant Group Family LP
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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