112 Tom Landry StMission, TX 78572

Property Details for 112 Tom Landry St

Year built

1978

Lot size

0.10 AC

Property size (Sq ft)

2,400 SF

Property type

Retail space

APN

M5200-00-159-0006-00

APU

M520000159000600

Description

This exceptional commercial property, located at 112 W Tom Landry Street in Mission, Texas, presents a unique investment opportunity. The 7,349.879 square foot lot features existing retail space at the front and warehouse/workshop areas at the rear, offering versatility for a variety of commercial uses. Its strategic location directly across from the Mission Chamber of Commerce ensures high visibility and accessibility. Built in 1978, the property includes an additional strip of land, providing potential for expansion or future development. This presents a significant advantage for businesses seeking growth opportunities. The property is being sold "as is" and comprises three separate tax IDs: 239694, 239693, and 1075872. Situated in Hidalgo County, Texas, with a zip code of 78572, this property offers a compelling combination of existing infrastructure and future development potential in a thriving commercial area. The asking price for this prime commercial real estate is $315,000. Don't miss this chance to acquire a well-positioned property in a dynamic Texas market.

• CAP approach

  CAP return

  Valuation

  6%

  $484,819

  6.5%

  $447,525

  7%

  $415,559

• Comparable approach

  Method

  Valuation

  Relative Method

  $521,527

  Geo Method

  $1,374,529

• Alternative Use

  Use

  Valuation

  Residential

  $377,504

  Hospitality

  $345,792

  Educational

  $287,695

  Medical

  $297,589

  Retail

  $447,525

Location Insight

City

Mission

County

Hidalgo

State

Texas

Latitude

26.2157

Longitude

-98.3264

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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