802 Oblate Ave Mission, TX 78572-5354
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.
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.