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    CO-Zoned Retail Land with Improvements Title is generated by Realmo AI

    1900 West Expressway 83, Weslaco, TX 78596

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    Ground and building lease site with CO zoning and high-visibility Expressway 83 frontage plus existing improvements.

    Type:Other Land
    Lot size:
    1.98 Acres
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 2:08 am

    Property Features for 1900 West Expressway 83

    General Information

    Standard status
    Active
    Lot size
    1.98 Acres
    Property subtype
    Other Land

    Spaces For Lease

    at 1900 West Expressway 83 Contact us

    We can help!

    Listing Contact
    Mark Hanna
    Mark Hanna

    Listing agent Mark Hanna

    Listing office SVN | Hanna Solutions Commercial Real Estate

    Listing date Jun 3, 2026

    Source Thebrokerlist

    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 SVN | Hanna Solutions Commercial Real Estate

    HighLights

    • ±1.98 net acres (43,560 SF) of CO‑zoned commercial land in Weslaco, Hidalgo County
    • Suite A available for $2,900/month with ground and building lease available
    • High‑visibility Expressway 83 frontage along the frontage road
    • Existing improvements on site
    • Lease terms are negotiable
    • Convenient access near the intersection of W Expressway 83 and W Dallas Dr

    Overview

    This CO-zoned commercial property is offered via a ground and building lease and includes existing improvements on-site. The offering is sized at approximately 1.98 net acres, providing an established development footprint for retail-oriented operators. A suite labeled as Suite A is also available, with listed rent of $2,900 per month, and lease terms are described as negotiable.

    The property is positioned along the Expressway 83 frontage road on the north side of the roadway in Weslaco, Texas. It is located near the intersection of W Expressway 83 and W Dallas Dr, with access designed to support convenient ingress and egress from the surrounding commercial and residential corridors. Additional local connectivity is noted via nearby connectors, including W Corpus Christi Dr.

    For tenants seeking a retail-focused location with prominent highway exposure, this site’s Expressway 83 frontage and existing improvements offer a straightforward starting point for occupancy. The availability of a ground and building lease structure may also be a practical fit for operators looking for flexibility in how the site is used and occupied, subject to negotiated terms.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9943
    Latitude
    26.1701

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    FAQs

    What type of property is this?
    Commercial land - Ground and building lease site with CO zoning and high-visibility Expressway 83 frontage plus existing improvements.
    Where is this commercial land located?
    The property is located at 1900 West Expressway 83 Weslaco, TX.
    What are key features of this property?
    This property features: ±1.98 net acres (43,560 SF) of CO‑zoned commercial land in Weslaco, Hidalgo County; Suite A available for $2,900/month with ground and building lease available; High‑visibility Expressway 83 frontage along the frontage road
    (956) 322-4001
    We can help!
    Listing Contact
    Mark Hanna
    Mark Hanna
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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