Freestanding Mechanic
For Sale
Contact for pricing
2505 N Bridge Ave, Weslaco, TX 78599
Freestanding building currently operating as a mechanic shop, with many possible uses under B-2 zoning.
Property Size1,705 SF
Price / SF$87.98
Days on Market535
Property Features for 2505 N Bridge Ave
General Information
Standard status
Active
Size
1,705 SF
Property subtype
RETAIL
Zoning
b-2 secondary & highway district
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
NAI Rio Grande Valley | McAllen
(956) 994-8900
Listed By:
Laura Liza Paz · License #801000353
(956) 227-8000
Source:
Moodyscre
Added: Mar 20, 2025
Changed: Aug 11
Last Checked: Sep 5 at 7:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Rio Grande Valley | McAllen
Investment Insights
Based on property information with market context.
This freestanding commercial building is currently used as a mechanic shop and offers many possible uses. The property is suited for vehicle-related operations and provides an established, ready-to-work configuration for automotive tenants.
The property is located in Weslaco, Texas, and is described as being near major highways with easy access to transportation infrastructure. Zoning is listed as B-2 secondary & highway district.
As a standalone structure under B-2 zoning, the site provides flexibility for prospective buyers evaluating alternative vehicle-related or other permitted uses within the stated zoning parameters.
The property is located in Weslaco, Texas, and is described as being near major highways with easy access to transportation infrastructure. Zoning is listed as B-2 secondary & highway district.
As a standalone structure under B-2 zoning, the site provides flexibility for prospective buyers evaluating alternative vehicle-related or other permitted uses within the stated zoning parameters.
Key Highlights
- Freestanding building currently operating as a mechanic shop
- Many possible uses
- Zoned B‑2 Secondary & Highway District
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$8,972
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$179,440
$179.4K
Cap Rate 7%
$128,171
$128.2K
Cap Rate 9%
$99,689
$99.7K
Market Conditions
NOI Build-Up for 1,705 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$13.7K $8.04/SF
− Vacancy
−$891 −$0.52/SF
EGI
$12.8K $7.52/SF
− OpEx
−$3.8K −$2.26/SF
NOI
$9.0K $5.26/SF
Area
Hidalgo County, TX
Vacancy
6.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$179,440
Cap Rate 7%
$128,171
Cap Rate 9%
$99,689
Alternative Uses
Best Use
Retail
$328.9K
$287.8K – $383.7K
NOI $23,021 @ 7.0% cap · market cap 15.35%
Second Best
Industrial
$128.2K
$112.2K – $149.5K
NOI $8,972 @ 7.0% cap · market cap 5.98%
Theoretical Best
Hotel Hospitality
$1.28M
$1.12M – $1.50M
NOI $89,896 @ 7.0% cap · market cap 59.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
168
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78599, TX
32,500
Population
9,945
Households
3.3
Avg Household Size
29
Median Age
16%
College-Educated
67%
High-School Grad
26.5 sq mi
ZIP Area
1,226
Density / Sq Mi
$55,939
Median Household Income
$27,841
Median Earnings
$954
Median Rent
$113,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Pep Boys — Weslaco, TX 78599
- Pep Boys Service Center — Weslaco, TX 78599
- Pep Boys — 212 W Expy 83, Weslaco, TX 78596
- Walmart Auto Care Centers — 1310 Texas Blvd N, Weslaco, TX 78599
- A-Plus Transmissions — 105 Martha St, Weslaco, TX 78596
Frequently Asked Questions
What type of property is this?
Auto shop - Freestanding building currently operating as a mechanic shop, with many possible uses under B-2 zoning.
Where is this auto shop located?
The property is located at 2505 N Bridge Ave Weslaco, TX.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Freestanding building currently operating as a mechanic shop; Many possible uses; Zoned B‑2 Secondary & Highway District
