613 N Shary Rd Mission, TX 78572
For Sale
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This exceptional 2.71-acre commercial property, located at 613 N Shary Road in Mission, Texas, presents a unique investment opportunity. Boasting a prime location on a high-traffic road, this property enjoys exceptional visibility and accessibility, surrounded by recent developments and established national retailers. The existing 1,220 square foot building is included in the sale "as is." The property's zoning is designated for commercial use, making it suitable for a diverse range of businesses. This strategic location within Mission's thriving commercial sector offers significant potential for growth and return on investment. The ample space allows for various development possibilities, catering to a wide spectrum of commercial needs. Prospective buyers are responsible for verifying all aspects of zoning, development, and usage with the City of Mission and relevant governmental authorities to ensure compliance with all applicable regulations and obtain any necessary approvals before proceeding with any development plans. This is a remarkable chance to establish a presence in a dynamic and rapidly expanding commercial area. The asking price for this exceptional property is $3,500,000.
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.