609 Interstate Hwy 2ndMission, TX 78572

  • Hospitality properties
  • 26,065 SF
Off market
$2,987,335 Estimated

Property Details for 609 Interstate Hwy 2nd

Year built
2000
Lot size
1.50 AC
Property size (Sq ft)
26,065 SF
Zone code
CO
Property type
Hospitality properties
Property subtype
Motels
APN
F4685-00-000-0001-00
APU
F468500000000100

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,068,399
    6.5%
    $3,755,445
    7%
    $3,487,199
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,281,904
    Geo Method
    $13,920,912
  • Alternative Use

    Use
    Valuation
    Residential
    $4,099,855
    Hospitality
    $3,755,445
    Educational
    $3,124,486
    Medical
    $3,231,942
    Retail
    $4,860,312
609 Interstate Hwy 2nd, Mission, Texas

Location Insight

City
Mission
County
Hidalgo
State
Texas
Latitude
26.2012
Longitude
-98.3213
CBSA code
32580
CBSA name
MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,907,464
  • Assessed land value
    $561,408
  • Assessed value
    $2,468,872
  • Tax year
    2022
  • Tax bill
    $62,870

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