1400 Griffin PkwyMission, TX 78574

Property Details for 1400 Griffin Pkwy

Year built

2019

Lot size

0.35 AC

Property size (Sq ft)

3,795 SF

Zone code

GAC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

C4450-00-00A-0001-00

APU

C44500000A000100

Description

This exceptional commercial property, located at 1400 W Griffin Parkway, presents a unique opportunity for a single-tenant business. Situated on a 15,089.184 square foot lot, this corner unit boasts unparalleled visibility at the high-traffic intersection of Griffin Parkway and Los Ebanos. The building itself offers 3,850 square feet of adaptable space, perfect for a variety of retail uses including, but not limited to, vape shops, beauty salons, or boutiques. The property is zoned C, ensuring flexibility for a range of commercial ventures. Ample parking is provided with 24 spaces available for clients and employees. The property's single-tenant occupancy simplifies management and allows for complete customization to suit your specific business needs. The property's location at the intersection of two major roadways guarantees high visibility and easy accessibility for customers. The Assessor's Parcel Number (APN) is C44500000A000100. This is a rare opportunity to secure a prime commercial space in a thriving location. Don't miss out on this chance to establish your business in a high-traffic, highly visible area.

• CAP approach

  CAP return

  Valuation

  6%

  $766,620

  6.5%

  $707,650

  7%

  $657,103

• Comparable approach

  Method

  Valuation

  Relative Method

  $824,664

  Geo Method

  $2,173,474

• Alternative Use

  Use

  Valuation

  Residential

  $596,929

  Hospitality

  $546,784

  Educational

  $454,918

  Medical

  $470,563

  Retail

  $707,650

Location Insight

City

Mission

County

Hidalgo

State

Texas

Latitude

26.2322

Longitude

-98.3396

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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