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Property profile & analytics
FOR SALE
Office buildings

613 N Shary Rd Mission, TX 78572

1,220 SF 2.71 ac lot Built 1963
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-6102102
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1963
Total area 1,220 SF
Lot 2.71 ac (118,048 SF)
APN S2950-00-000-0204-45
UPID US82-6102102
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Miguel A Lerma · 6 yrs held
Miguel A Lerma
since 2019
7 recorded transactions
2019
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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