1786 Business Hwy 83 Mission, TX 78572-7226

Property Details for 1786 Business Hwy 83

Year built

1990

Lot size

2.56 lot acres

Property size

24,802 SF

Property type

Motels

APN

T1010-00-000-000A-00

APU

T101000000000A00

Description

This exceptional 50-room motel in Mission, Texas, presents a lucrative investment opportunity. Situated on a prominent 2.56-acre corner lot at the intersection of three major thoroughfares – Expressway 83 Frontage, Business Highway 83, and Inspiration Road – this property boasts unparalleled visibility and accessibility. The 48,284 square foot property, built in 1990, includes two buildings and features a desirable C3 zoning designation. The high-traffic location, with a combined daily traffic count exceeding 23,615 vehicles (not including the 70,808 VPD on Expressway 83), ensures consistent exposure and potential for strong revenue generation. The property includes an income-producing restaurant space and private 3-bedroom living quarters. All furniture and fixtures are included in the sale. This well-maintained motel benefits from its location in a rapidly growing area with significant ongoing development, making it an ideal investment for discerning buyers seeking a high-return property in a prime location. The asking price is $3,000,000, representing a price per square foot of $62.13. This fee-simple ownership opportunity offers significant potential for future growth and profitability. The property's strategic location, combined with its existing income stream and potential for expansion, makes it a compelling investment prospect.

Location Insight

City

Mission

County

Hidalgo

State

Texas

Longitude

-98.3481

Latitude

26.2174

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments