2218 W MILE 5 ROAD, MISSION, TX 78573
Homes for sale in Mission.
Homes for sale in 78573.
2218 W Mile 5 Road
Mission, TX 78573
List Price$700,000
Listing #502977
4,159
Square Feet
Commercial
Type
About This Property
Value-add opportunity to acquire a brand-new commercial shopping center situated on 2.50 acres in a high-traffic location. Ideal for an owner-investor looking to lease the existing retail spaces and generate strong income while maintaining significant upside through future development potential in the rear portion of the property. A rare opportunity to secure both immediate cash flow and long-term expansion potential in a growing market.
Property Features
Location Information
County
Hidalgo
Directions
From Expressway 83, head north on Conway Ave, then continue west on Mile 5 Road. The property is located at 2218 W Mile 5 Rd, Mission, TX 78574, on the north side of Mile 5 Rd, just west of Conway Ave with convenient access to surrounding retail, residential, and major thoroughfares.
Subdivision
La Homa Ranch Citrus Groves Ut #1
Interior Features
Heating
Central
Additional Equipment
Pole Sign, Roof Sign
Cooling
Central Air
Appliances
Electric Water Heater
Floors
Concrete, Tile
Exterior Features
Construction
Block, Stucco
Patio / Deck Description
Covered Patio, Deck/Balcony/Porch, Patio Slab
Exterior
Manual Gate, Mature Trees, Workshop
Lot Description
See Remarks
Roof
Metal, Other
Lot Size in Acres
2.5
Possession
Closing and Funding, Immediate, Negotiable
Lot Size in Sq. Ft.
108,900
Parking Description
Other, Paved
Present Use
Retail
Has Garage
Yes
Buildings
Detached Quarters, Storage
Garage Spaces
20
Energy Features
None
Parking Spaces
20
Road Frontage
City Street
Additional Information
Property Type
COM
Units in Complex
5
Property SubType
Commercial
Taxes
12579
Year Built
2024
Tax Year
2025
APN
L110001003005307
Square Feet Source
HidalgoCAD
Status
Active
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Mortgage Calculator
$3,268
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,522
Monthly Tax
$583
Monthly Insurance
$163
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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