Property profile

1243 Business Hwy 83 Mission, TX 78572

OFF-MARKET
Warehouses
Property ID
US82-2692509
54,520 SF 11.83 ac lot Built 1990
Individually Owned 16-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1990
Total area 54,520 SF
Lot 11.83 ac (515,502 SF)
Zoning code CO
APN B2857-00-000-0002-00
UPID US82-2692509

Cap rate & NOI

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

Location

1243 Business Hwy 83 Mission, TX 78572-9328
Mission metro Census 20306 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.36M
Comparable Approach Comparable
$5.26M
Blend (final) Blend
$5.31M

Owner & transaction history

since 2010
2 recorded transactions
2010
Price N/A
2004
Price N/A

Zoning & alternative use

CO · Mission, TX
Top alternative use upside
Commercial (general) $7.9M +122.9%
Office building $7.7M +116.8%
Retail stores $7.6M +113.8%

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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