Two Single-Story Office
1102 S Airport Dr Weslaco, TX 78596
New
1102 S Airport Dr, Weslaco, TX, 78596
$2,200,000
For Sale
$2,200,000
Income-producing office property with two single-story buildings occupied by two tenants and B-1 zoning.
Property Size11,556 SF
Lot Size1.04 Acres
Price / SF$190.38
Days on Market6
Property Features for 1102 S Airport Dr
General Information
- Standard status
- Active
- Size
- 11,556 SF
- Lot size
- 1.04 Acres
Listing agency
NAI STX
(956) 227-8000
Listed by
Laura Liza Paz
(956) 227-8000
Source
Exprealty
Added: Jul 17 Updated: Jul 22 at 9:00AM Checked: Jul 22 at 9:00AM
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 STX
Investment Insights
Based on property information with market context.
This income-producing commercial property consists of two single-story buildings and is currently occupied by two tenants. The offering provides immediate rental income while supporting future owner-user or value-add scenarios, and the buildings are positioned for flexible commercial use under B-1 zoning.
Located at 1102 S Airport Dr in Weslaco, TX, the property sits along S. Airport Drive within an established medical corridor. It is near Knapp Medical Center and surrounded by established healthcare providers.
The property is described as having excellent visibility, ample parking, and full city utilities.
Located at 1102 S Airport Dr in Weslaco, TX, the property sits along S. Airport Drive within an established medical corridor. It is near Knapp Medical Center and surrounded by established healthcare providers.
The property is described as having excellent visibility, ample parking, and full city utilities.
Key Highlights
- Prime ±1,556 SF income‑producing commercial property on ±1.04 acres along S. Airport Drive in Weslaco’s medical corridor
- Two single‑story buildings on‑site, currently occupied by two tenants for immediate rental income
- B‑1 zoning, suitable for medical, office, retail, or professional uses
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $355.0k | $30.72 |
| − Vacancy | −$97.3k | −$8.42 |
| EGI | $257.7k | $22.30 |
| − OpEx | −$64.4k | −$5.58 |
| NOI | $193.3k | $16.73 |
11,556 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.76M
$2.42M – $3.22M
NOI $193,298 @ 7.0% cap · market cap 8.79%
Second Best
Healthcare Medical
$2.44M
$2.14M – $2.85M
NOI $170,986 @ 7.0% cap · market cap 7.77%
Theoretical Best
Hotel Hospitality
$8.70M
$7.62M – $10.15M
NOI $609,290 @ 7.0% cap · market cap 27.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Weslaco Pharmacy
Production Facility
Fonseca Insurance Agency
Insurance Agency
Labcorp
Medical Laboratory
Amazon Hub Counter ...
Postal Service
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Income-producing office property with two single-story buildings occupied by two tenants and B-1 zoning.
Where is this office units located?
The property is located at 1102 S Airport Dr Weslaco, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Prime ±1,556 SF income‑producing commercial property on ±1.04 acres along S. Airport Drive in Weslaco’s medical corridor; Two single‑story buildings on‑site, currently occupied by two tenants for immediate rental income; B‑1 zoning, suitable for medical, office, retail, or professional uses
