203 Mile 3 Rd Palmhurst, TX 78573
This exceptional 7,500-square-foot commercial property in Mission, Texas, presents a versatile investment opportunity. Located on a 1.87-acre lot at 203 W Mile 3 Road, 78573, this single-story, 2002-built building currently operates as a daycare center. Its prime location near a high-traffic commercial intersection with surrounding new developments offers significant potential. The property boasts ample parking with 50 spaces and features multiple large interior rooms suitable for various uses. The adaptable layout makes it ideal for conversion into a church, adult daycare, event center, or other businesses. The expansive outdoor area provides additional possibilities. This property offers entrepreneurs, organizations, and investors a chance to create a custom space tailored to their specific needs. The property's APN is W0100-00-032-0006-18. The price per square foot is $119.33.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.