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Property profile & analytics
OFF-MARKET
Small apartment buildings

2804 Mile 7 Rd Mission, TX 78574

2 ac lot
Entity Owned 8-yr Hold
Property ID
US82-7363881
Property summary
AI-generated overview

This exceptional 2-acre commercial property, located at 2804 W Mile 7 Road in Mission, Texas, presents a remarkable investment opportunity. Zoned for multifamily development, this land boasts 107 feet of frontage, offering significant potential for a variety of commercial ventures. Situated in Hidalgo County, this rapidly growing area promises strong returns. The property's expansive size allows for substantial development, catering to a range of project scales and designs. The asking price is $649,000. The property is classified as both commercial and multifamily, making it suitable for a diverse range of uses, from apartment complexes to mixed-use developments. Its location in Mission, TX, zip code 78574, provides easy access to major transportation routes and amenities. The 2-acre lot offers ample space for construction and landscaping, maximizing the potential for a high-return investment. This prime location within a thriving area of Hidalgo County makes this a truly unique opportunity for investors seeking significant growth potential. The property's versatility and prime location make it an ideal choice for developers looking to capitalize on the area's expanding commercial and residential sectors. Don't miss this chance to acquire a substantial piece of land in one of Texas's most dynamic markets.

Property profile
Verified
Property type Small apartment buildings
Lot 2 ac (87,120 SF)
UPID US82-7363881
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Republic E & P Ventures LLC · 8 yrs held
Republic E & P Ventures LLC
since 2017
3 recorded transactions
2017
Price N/A
2016
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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