2722 Conway AveMission, TX 78574

Property Details for 2722 Conway Ave

Year built

1989

Lot size

0.08 AC

Property size (Sq ft)

2,250 SF

Zone code

RS

Property type

Office buildings

APN

N8100-01-000-0005-00

APU

N810001000000500

Description

This exceptional 3,497.86 square foot commercial land parcel presents a unique investment opportunity. Located at 2722 N Conway Avenue, this single-tenant property boasts a prime location with consistent high traffic volume throughout the day and night. The area is characterized by a diverse mix of established commercial businesses, creating a vibrant and thriving commercial environment. The property's strategic positioning benefits from the presence of several recently developed residential subdivisions, ensuring a strong and growing customer base. The site offers ample parking with 15 spaces available, providing convenient access for customers and employees. The property's zoning allows for a variety of commercial uses, making it an ideal location for a wide range of businesses seeking high visibility and accessibility. With its substantial lot size and advantageous location, this property represents a compelling investment opportunity for discerning buyers seeking a foothold in a dynamic and rapidly growing commercial area. The property's Assesor's Parcel Number (APN) is N810001000000500. The existing building on the property is 2,250 square feet. This is a single-tenant property.

• 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

26.2365

Longitude

-98.3214

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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