808 Shary RdMission, TX 78572

  • Strip malls
  • 11,600 SF

Property Details for 808 Shary Rd

Year built
2004
Lot size
1.28 AC
Property size (Sq ft)
11,600 SF
Zone code
CO
Property type
Strip malls
Property subtype
Neighborhood centers
APN
C4443-02-000-005A-00
APU
C444302000005A00

Description

This exceptional retail property, located at 808 S Shary Rd, Mission, TX 78572, presents a fantastic leasing opportunity. The property, known as Shary Plaza, offers a total of 11,600 square feet of commercial space in a single-tenant configuration. Currently, 2,900 square feet are available for lease, providing ample space for a variety of retail businesses. The building's prime location in Mission, Texas, ensures high visibility and accessibility for customers. The property's convenient address on S Shary Rd places it within easy reach of a significant consumer base. This is an ideal location for businesses seeking to establish a strong presence in a thriving market. The single-tenant setup offers flexibility and control, allowing the tenant to customize the space to meet their specific needs. With its strategic location and generous square footage, this retail space represents a compelling investment opportunity for businesses looking to expand or establish themselves in the Mission, Texas area. The property is easily accessible from major roadways, providing convenient access for both customers and employees. The 2,900 square feet of vacant space offers a blank canvas for a new business to create a unique and impactful retail experience. Don't miss this chance to secure a prime retail location in a dynamic and growing market. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,804,920
    6.5%
    $1,666,080
    7%
    $1,547,070
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,040,290
    Geo Method
    $2,741,790
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,227,900
    Mixed-Use / Specialty
    $1,668,670
    Hospitality / Lodging
    $1,235,360
    Office
    $1,667,650
    Institutional / Educational
    $1,737,800
    Residential Income
    $2,033,220
    Multifamily
    $2,391,230
    Automotive / Energy
    $1,489,540
    Parking / Income-Based Land
    $505,591
    Restaurant / Food Service
    $886,104
    Healthcare / Senior Housing
    $1,702,440

Location Insight

City
Mission
County
Hidalgo
State
Texas
Latitude
26.194
Longitude
-98.2893
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
$43,040
$835,215
$848,064
$1,683,279
-
$835,215
$848,064
$1,683,279

FAQs

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Please email our support team at [email protected] and they will add the team member.
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Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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