1786 W Business Highway 83 - Hospitality FOR SALE


Mission, TX 78572
$2,500,000 USD
956-605-8716
1786 W Business Highway 83, Mission, TX for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

1786 W Business Highway 83
Mission, TX 78572


HIGHLIGHTS

  • Hard Corner Located on Expressway 83 Frontage
  • High Traffic Counts
  • Growing Area with New Development
  • Large Local Population
  • Income Producing Restaurant Lease Space

OVERVIEW

94,000+ Cars Daily. Hard Corner. Highway Access. This is not your average redevelopment site. The Executive Inn sits at the intersection of Expressway 83, Business 83, and Inspiration Rd, a signalized hard corner with insane exposure and multiple points of access. Located in the TxDOT US-83 Growth Corridor 400% projected freight traffic increase by 2050 (per TxDOT) Ideal for gas, QSR, retail, or mixed-use Existing motel is a turnaround play; the seller hasn’t marketed in years Ownership is retiring; this is about lifestyle, not performance Opportunities like this don’t come often. With major infrastructure investment, regional growth, and unbeatable traffic counts, this site is ready for the next big move.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$52 USD /SF

# OF ROOMS

50

PRICE/ROOM

$50,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Executive Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1990

PARKING SPACES

87

LAND DETAILS

LAND ACRES

2.56 AC

LAND SF

111,320 SF

ZONING

H

APN/PARCEL ID

T1010-00-000-000A-00

ASK ABOUT THIS PROPERTY

Rene Adrian Alcala SalinasBlack Rock Commercial Real EstateMore Info
956-605-8716

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Rene Adrian Alcala SalinasBlack Rock Commercial Real EstateMore Info
956-605-8716

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.