3501 Mile 7 RdMission, TX 78574

For Sale
$556,000

1.76-acre Multi-Use Property, $556K

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 1.76-acre commercial property, located at 3501 W Mile 7 Road in Mission, Texas (zip code 78574), presents a unique investment opportunity. Built in 2004, this versatile property boasts a prime location with direct frontage and access to the main street (FM 2221-107 near La Homa Road), situated in a highly commercialized area. The property currently features a 1875 sq ft residential unit leased for $1000/month, office space leased for $1200/month, and a garage space leased for $400/month, generating a substantial rental income stream. The irregular-shaped parcel (parcel #534798) offers significant potential for diverse uses, including but not limited to restaurants, drive-thrus, and auto sales. Any proposed use beyond the current configuration requires prior approval from the City of Mission. This property's strategic location and flexible zoning make it an ideal investment for both seasoned and emerging commercial investors seeking a high-return opportunity in a thriving Texas market. The asking price is $556,000. Serious inquiries only.

Highlights

  • $556,000 asking price for a multi-use property.
  • 1.76-acre lot in Mission, TX, at 3501 W Mile 7 Road, zoned for commercial use.
  • 2004 construction with existing tenants generating $2,600 monthly income.
  • High commercial traffic area with frontage on FM 2221 and access to main street 107.
  • Suitable for various uses including restaurant, drive-thru, or auto sales (subject to city approval).

Property Details for 3501 Mile 7 Rd

Property type
Other warehouses, Other retail properties
Year Built
2004
Lot Size (sq. ft)
76,709 SF

Location Insight

City
Mission
County
Hidalgo
State
Texas
Latitude
26.3215144
Longitude
-98.3520383
3501 Mile 7 Rd, Mission, Texas

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3501 Mile 7 Rd
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