Seller Financing
Address
701 Trinity Street Mission, TX
Price
$ 5,200,000
Property Attributes
  • MLS#354569
  • TypeCommercial
  • CountyHIDALGO
  • CityMission
  • AreaMission
  • NeighborhoodMission Business Park
  • Zip78572
  • StyleIndustrial
  • Year Built2002
  • Taxes$ 46825
  • Price$ 5,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage51600
  • Lot Size4.69 Acres
Listing Provided Courtesy Of:
Encore Fine Properties
Data Source:
Greater McAllen Association of Realtors (GMAOR) - 118 - TX
Property Description

Not many in the market and in such a well centralized area! This investment opportunity is for an investor or owner-user interested in acquiring a newly remodeled cold storage facility at a great price! This facility is optimally located in the Mission Expressway Industrial Park. It was constructed in three phases. The first phase was built in 2002 while the second and third phase were completed in 2012 and 2015, respectively. The facility boasts a recent renovation to the portion completed in 2002 accounting for approximately 10,000 square feet of the building.Owner open to Owner Financing or Leasing Property! At $11.00 per sqft triple net, the pro forma cap rate can be 10.92%. Analytics show the markets low amount of available supply, and limited speculative development improve the odds of leasing this asset within 6 months.

Price History
4/10/2021 Listed $5,200,000

General Features

Accessibility Handicap Access, ADA Accessible
Appliances Electric Water Heater
Association Y/N No
Building Area Units Square Feet
Building Features Other, Over 15 Loading Docks, Restrooms-Private
Carport Y/N No
City Mission
Construction Materials Other
Cooling Central Air, Zoned, Electric
County Hidalgo
Current Use Warehouse
Directions Heading south on S Bryan Road from Expressway 83, turn right on Trinity Rd. Passing S Mayberry St, property will be on right hand side!
Energy Efficient Thermostat
Exterior Features Storage, Workshop
Flooring Concrete, Laminate, Tile
Garage Y/N No
Grounds None
Interior Features Storage
Other Structures Storage
Patio/Porch Features Covered Patio
Possession Closing and Funding
Property SubType Industrial
Property Type Commercial Sale
Roof Flat, Metal
Security Features Fire Sprinkler System, Security Lights, Security System
Standard Status Active
Status Active
Street Name Trinity
Subdivision Name Mission Business Park
Tax Annual Amount 46825
Tax Year 2020
Year Built 2002
Zoning I

Interior Features

Air Conditioning Y/N Yes
Living Area 51600
Living Area Units Square Feet
Livingareasource HidalgoCAD
Street Suffix Street
Total Stories 2
Warehouse SqFt 46800

Exterior Features

Building Area Total 51600
Lot Features Industrial Park
Lot Size Acres 4.6933
Lot Size Area 204440
Lot Size Square Feet 204440
Lot Size Units Square Feet
Parking Features Enclosed, Paved, Semi-Truck
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 78572

Price
AVG $740K
$5.2M
Taxes
AVG $7,560
$46,825
Visits
AVG 85
11
Year Built
AVG 1995
2002
Walkscore
AVG 41
9
Data Provided by Walkscore ® not using MLS data

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