406 Chimney Rd Mission, TX 78572-4595
This exceptional 5.29-acre waterfront property located at 406 E Chimney Road E, Mission, Texas 78572, presents a rare investment opportunity. Built in 2014, this commercial land is zoned for restaurant use and offers significant potential for a thriving business. The property's expansive lot size provides ample space for development and expansion, catering to a variety of culinary concepts. Situated in Hidalgo County, this location benefits from excellent visibility and accessibility. The "as-is" sale includes all existing improvements, presenting a unique chance to acquire an established business or create a new culinary destination. The property's waterfront location is a highly desirable feature, offering stunning views and a unique atmosphere. Given the scarcity of such properties, this presents a compelling investment opportunity for discerning buyers seeking a prime location in a growing market. The property is being sold as is, with all conveyances included. Serious inquiries are encouraged to explore the full potential of this remarkable waterfront restaurant opportunity. The property's latitude and longitude coordinates are 26.157785, -98.332114 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
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.