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Property profile & analytics
OFF-MARKET
Warehouses

802 Oblate Ave Mission, TX 78572-5354

1,384 SF 0.31 ac lot Built 1970
Individually Owned 4-yr Hold Free & Clear
Property ID
US82-2209829
Property summary
AI-generated overview

This exceptional Mission, Texas property presents a unique investment opportunity, combining commercial and residential elements on a sizable 0.31-acre lot. The property features a 1,384 square foot commercial warehouse ideally suited for a variety of uses, including office space, retail, or other business ventures. Its prime location boasts 100.12 square feet of frontage and 135.50 square feet of depth, offering excellent visibility and accessibility. Adjacent to the warehouse is a comfortable 3-bedroom, 2-bathroom residential home providing 1,295 square feet of living space. The home includes an enclosed patio and a carport, adding to its appeal. The property is equipped with air conditioning and includes a gas stove. Note that the home is unfurnished. This combined property is situated in a highly desirable area of Mission, offering convenient proximity to essential amenities such as a hospital, schools, a post office, shopping centers, and numerous restaurants. The strategic location and versatile nature of this property make it an attractive prospect for both business owners and residential buyers seeking a combined commercial and residential investment. This is a rare opportunity to acquire a property with significant potential in a thriving Texas community. The property is offered at $225,000.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1970
Total area 1,384 SF
Lot 0.31 ac (13,565 SF)
APN S2900-00-000-0043-00
UPID US82-2209829
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
Humberto Martinez · 4 yrs held
Humberto Martinez
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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