711 Palmer Road Mission, TX 78573

Welcome to Amber Grove, a development zoned for multi-family properties. Situated on Trosper & Mile 3 - just minutes from Conway Ave., Mission’s premier road filled with restaurants (iHOP, Taco Palenque, Panda Express, etc.), recreational amenities (Tru-Fit, etc.), superstores (HEB, Walmart, etc.), ...parks, schools, and much more! There are 5 multi-family lots bundled together for the sale. They’re zone for three 6-plex’s, one 5-plex, and one duplex. This community SOLD 9 total Fourplex’s this year with solid comparables to back its value. Additionally, the remaining 5 lots are turn-key ready, utilities are connected, and permits are ready to pull. Of the five lots, three can be used for 6-plex’s with an appraisal value of $730,000. While one lot can be used as 5-plex appraising at approximately $615,000. The last remaining lot is zoned for a duplex appraising at a value of $370,000. The total estimated project appraisal at approximately $3,175,000. Continue reading