Technical
Financial
Distress signals
Property profile

802 Oblate Ave Mission, TX 78572

OFF-MARKET
Warehouses
Property ID
US82-2209829
1,384 SF 0.31 ac lot Built 1970
Individually Owned 4-yr Hold Free & Clear
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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

Location

802 Oblate Ave Mission, TX 78572-5354
Mission metro Census 20403 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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