3501 Mile 7 Rd Mission, TX 78574
This exceptional 1.76-acre commercial property, located at 3501 W Mile 7 Road in Mission, Texas (zip code 78574), presents a unique investment opportunity. Built in 2004, this versatile property boasts a prime location with direct frontage and access to the main street (FM 2221-107 near La Homa Road), situated in a highly commercialized area. The property currently features a 1875 sq ft residential unit leased for $1000/month, office space leased for $1200/month, and a garage space leased for $400/month, generating a substantial rental income stream. The irregular-shaped parcel (parcel #534798) offers significant potential for diverse uses, including but not limited to restaurants, drive-thrus, and auto sales. Any proposed use beyond the current configuration requires prior approval from the City of Mission. This property's strategic location and flexible zoning make it an ideal investment for both seasoned and emerging commercial investors seeking a high-return opportunity in a thriving Texas market. The asking price is $556,000. Serious inquiries only.
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MC Used Cars And Parts Auto Parts Store Waste Management Facility
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Rafa's Appliance Electronics & Wireless Store Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.