Seller Financing
Address
701 Trinity Street Mission, TX
Price
$ 5,200,000
Property Attributes
  • MLS#354569
  • TypeCommercial
  • CountyHIDALGO
  • CityMission
  • 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
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 market’s 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

Access City Street
Amenities Other
Energy Features Programmable Thermostat
Parking Fenced, Paved, Semi-Truck
Present Use Warehouse
Property Type Commercial
Roof Flat, Metal
Status Active
Sub Type Industrial
Subdivision Mission Business Park
Water Heater Electric
Zoning I

Interior Features

Flooring Type Concrete, Laminate, Tile
HVAC Central, Central Zoned, Electric
Unit Count 1
Warehouse Sq Ft 46800

Exterior Features

Acreage 4.69330
Carport Spaces 0.00
Exterior Features Covered Patio, Storage Building, Workshop
Lot Sq Ft 204440
Number of Garage Spaces 0.00
Siding Other
Site Features Fire Sprinkler, Handicap Access, Inside Storage, Other, Outside Storage, Over 15 Loading Docks, Restrooms-Private, Security Lighting, Security System

Amenities

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

Property vs Zip Code Average in 78572

Price
AVG $760K
$5.2M
Taxes
AVG $11,102
$46,825
Visits
AVG 48
1
Year Built
AVG 1995
2002
Walkscore
AVG 41
9
Data Provided by Walkscore ® not using MLS data

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