9108 Western RdMission, TX 78574

  • Grocery and convenience stores
  • 1,824 SF
For Sale
$340,000 View listing

Property Details for 9108 Western Rd

Year built
1989
Lot size
0.52 AC
Property size (Sq ft)
1,824 SF
Zone code
RS
Property type
Grocery and convenience stores
APN
A0225-00-001-0036-00
APU
A022500001003600

Description

This exceptional 22,581.94 square foot commercial land parcel, located at 9108 Western Road in Mission, Texas, presents a remarkable investment opportunity. Built in 1989, this property boasts a rich history as a successful, long-standing business location, previously operating as a convenience store with a drive-thru, restaurant, and meat market for over two decades. The property's consistent rental history and proven income generation make it an attractive prospect for savvy investors. All existing furniture, fixtures, and equipment are included in the sale and are in working condition, offering immediate operational potential for a new owner. Situated in Hidalgo County, Texas, with the address 9108 Western Road, zip code 78574, and coordinates 26.3391194 latitude and -98.389407 longitude, this property offers excellent visibility and accessibility. The asking price for this income-producing land is $340,000. This is a rare chance to acquire a well-established commercial property with significant potential for future growth and profitability in a thriving Texas market. The property's size and history make it ideal for a variety of commercial ventures. Don't miss this opportunity to own a piece of Mission's commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $365,023
    6.5%
    $336,944
    7%
    $312,877
  • Comparable approach

    Method
    Valuation
    Relative Method
    $400,815
    Geo Method
    $1,044,642
  • Alternative Use

    Use
    Valuation
    Residential
    $284,225
    Hospitality
    $260,349
    Educational
    $216,607
    Medical
    $224,056
    Retail
    $336,944

Location Insight

City
Mission
County
Hidalgo
State
Texas
Latitude
26.3391
Longitude
-98.3892
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
$3,198
$79,030
$68,101
$147,131
-
$79,030
$68,101
$147,131

FAQs

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