1006 Conway AveMission, TX 78572

  • Office buildings
  • 2,250 SF
For Lease
$12/SF/YR View listing

Property Details for 1006 Conway Ave

Year built
1973
Lot size
0.08 AC
Property size (Sq ft)
2,250 SF
Property type
Office buildings
APN
M5200-00-173-0009-00
APU
M520000173000900

Description

This exceptional commercial property at 1006 N Conway Avenue in Mission, Texas, presents a unique investment opportunity. The property encompasses a substantial 3,497.86 square foot lot and features a single-tenant building with over 2,250 square feet of office/retail space, ideally suited for a variety of businesses. An additional 1,000 square feet of storage space is included, providing ample room for inventory or equipment. The building's strategic location at the intersection of Conway and Tom Landry offers excellent visibility and accessibility, placing it in the heart of downtown Mission on a major thoroughfare. The property is designated by APN M520000173000900 and has a single suite. There are no designated parking spaces on the property. The property type is listed as Land and Office, making it suitable for a range of commercial uses. This prime location, combined with the generous square footage and additional storage, makes this property an attractive option for businesses seeking a prominent presence in the thriving Mission, Texas market. The zip code is 78572.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $309,196
    6.5%
    $285,412
    7%
    $265,025
  • Comparable approach

    Method
    Valuation
    Relative Method
    $194,020
    Geo Method
    $511,358
  • Alternative Use

    Use
    Valuation
    Residential
    $353,910
    Hospitality
    $324,180
    Educational
    $269,714
    Medical
    $278,990
    Retail
    $419,555

Location Insight

City
Mission
County
Hidalgo
State
Texas
Latitude
26.2162
Longitude
-98.3253
CBSA code
32580
CBSA name
MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,577
$35,875
$104,592
$140,467
-
$35,875
$104,592
$140,467

FAQs

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