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    Property profile & analytics

    1516 Interstate Hwy 2nd 2 Mission, TX 78572-6606

    • Office buildings
    • 3,000 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Last Sale
    Dec 08, 2020
    Location Intelligence
    Property ID
    US82-6080696
    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

    • Office buildings

    Property Details for 1516 Interstate Hwy 2nd 2

    Year built
    2006
    Lot size
    0.08 lot acres
    Property size
    3,000 SF
    Zone code
    CO
    Property type
    Office buildings
    APN
    S6215-00-000-005G-00
    APU
    S621500000005G00

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3055
    Latitude
    26.1964
    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
    $4,615
    $46,833
    $134,387
    $181,220
    -
    $46,833
    $134,387
    $181,220

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      400 Veterans Blvd

      OFFICE BUILDING • 1,200 SF
      400 Veterans Blvd, Palmview, TX 78572-8327
      View Details
    • Value Estimation by Request
      1,604 SF

      1306 Conway Ave

      OFFICE BUILDING • 1,604 SF
      1306 Conway Ave, Mission, TX 78572
      View Details
    • Value Estimation
      $350,000
      3,138 SF

      2031 Griffin Pkwy

      OFFICE BUILDING • 3,138 SF
      2031 Griffin Pkwy, Mission, TX 78572-3222
      View Details
    • Value Estimation
      $585,000
      12,182 SF

      Sharyste Rd

      OFFICE BUILDING • 12,182 SF
      Sharyste Rd, Mission, TX 78572
      View Details
    • Value Estimation
      $420,000
      456 SF

      2800 Roque Salinas Rd

      OFFICE BUILDING • 456 SF
      2800 Roque Salinas Rd, Palmview, TX 78572
      View Details
    • Value Estimation by Request
      1,220 SF

      613 Shary Rd

      OFFICE BUILDING • 1,220 SF
      613 Shary Rd, Mission, TX 78572-8211
      View Details

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    Similar Nearby for Lease

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      Mission Commercial Plaza: Executive Office Space

      Prime Mission location, 1,183 sq ft, ample parking.
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    • $1,100 /Mo
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      Mission Retail/Office Space Available

      Cozy retail or office space with potential in Mission, TX.
      610 East 9Th St, Mission, TX 78572
      View Details
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    Mission, TX 78572-6606
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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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