2301 Conway AveMission, TX 78574

Property Details for 2301 Conway Ave

Year built

1995

Lot size

0.46 AC

Property size (Sq ft)

3,867 SF

Zone code

CO

Property type

Drive through restaurants

APN

N6830-01-000-002B-00

APU

N683001000002B00

Description

The Shops at 495, located at 2301 N Conway Ave in Mission, Texas (zip code 78574), presents a significant retail opportunity. This multi-tenant property boasts a total of 170,622 square feet of commercial space, currently entirely vacant and available for lease. Seven individual spaces are available, ranging in size from a minimum of 1,200 square feet to a maximum contiguous space of 63,290 square feet. This flexibility allows for a wide range of retail businesses, from smaller boutiques to larger flagship stores. The property's prime location in Mission, Texas, offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong sales. The address is easily accessible from major roadways, providing convenient access for customers and employees alike. This is an exceptional chance to establish a presence in a thriving Texas market within a large, well-maintained retail center. The entire 170,622 square feet is available for lease, presenting a unique opportunity for a single large tenant or multiple smaller businesses. Interested parties are encouraged to inquire about lease terms and availability. The property is situated at latitude 26.229937 and longitude -98.3238374.

• CAP approach

  CAP return

  Valuation

  6%

  $781,165

  6.5%

  $721,075

  7%

  $669,570

• Comparable approach

  Method

  Valuation

  Relative Method

  $840,310

  Geo Method

  $2,214,710

• Alternative Use

  Use

  Valuation

  Residential

  $608,254

  Hospitality

  $557,157

  Educational

  $463,548

  Medical

  $479,491

  Retail

  $721,075

Location Insight

City

Mission

County

Hidalgo

State

Texas

Latitude

26.23

Longitude

-98.3238

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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