Mission, TX
Commercial Real Estate Market Trends & Data

$346 Avg asking sale price
$20 Avg asking lease rate
107,416 SF Avg unit lease size
13,044 SF Avg building size for sale
6.42% Average cap rate

Mission's Demographic Profile

Mission has 29,723 households and a median income of $54,067, providing context for rent absorption and tenant demand across retail and multifamily assets. A +7% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 93,923
# Households 29,723
Median age 34
Median household income $54,067
Avg household size 3.0
Renter-occupied housing units 8,977
5-year population change +7%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Mission, TX

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Mission $251 5,300 SF 7.00%
Alton $221 12,112 SF 8.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
McAllen $162 51,622 SF 13.30%
Pharr $124 44,980 SF 13.30%
Nearby Retail Markets Avg Cost/SF Typical Size
Mission $370 16,291 SF
Penitas $758 3,424 SF
Palmview $38 15,770 SF
Alton $115 8,451 SF
La Joya $330 2,709 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Mission $91 11,958 SF 10.00%
Alton $110 12,874 SF 10.00%
McAllen $142 8,611 SF 12.39%
Pharr $171 7,697 SF 12.39%

Commercial Properties For Sale in Mission

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Two Retail Centers - HEB Grocery out parcel

Mission, TX 78572

  • 7,488 SF Retail Building
  • $3,200,000
For Sale

North Conway Professional Plaza

Mission, TX 78574

  • 12,120 SF Retail Building
  • 7.00% Cap Rate
  • $2,488,000
For Sale

Whataburger - Mission TX

Mission, TX 78572

  • 3,060 SF Retail Building
  • 5.00% Cap Rate
  • $2,810,000
For Sale

Former Health Club (122,798 VPD)

McAllen, TX 78503

  • 62,137 SF Retail Building
  • $4,518,000
For Sale

7-Eleven with Laredo Taco

Mission, TX 78572

  • 4,842 SF Retail Building
  • 5.00% Cap Rate
  • $7,839,000
For Sale

715 Walsh Ave

Mission, TX 78572

  • 19.21 AC Lot
  • 1 Residential Income Lot
  • $2,500,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Mission pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Mission $346 13,044 SF
Penitas $950 5,141 SF
Palmview $149 8,625 SF
Alton $122 6,119 SF

Regional Demographic Comparison

This comparison places Mission alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Mission or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Mission 93,923 29,723 34 $54,067 3 8,977 7%
Citrus City 3,190 699 24 $24,976 4 150 4%
Penitas 4,321 1,150 29 $41,666 4 266 2%
Palmview 6,116 1,666 31 $33,888 4 414 4%
Alton 16,359 4,477 29 $40,400 4 1,553 6%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Mission, TX and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Mission

View All Commercial Real Estate For Sale in Mission
Is Mission a good market for a first-time commercial real estate investor?

Mission offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Mission?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Mission. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Mission?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Mission. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Mission compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Mission. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Mission acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Mission, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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