Multi-Office Professional
New
For Sale
Contact for pricing
3110 E Business 83, Weslaco, TX 78596
The current layout includes private offices, a conference room, a kitchen, and two restrooms.
Property Size4,410 SF
Price / SF$1.16
Days on Market2
Property Features for 3110 E Business 83
General Information
Standard status
Active
Size
4,410 SF
Property subtype
Commercial
Additional Details
Condition
Move-in Ready
Highway Access
Yes
Property Use
Office
Building Details
Year Built
2000
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Changed: Nov 2
Last Checked: Nov 1 at 4:12PM
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 SANETI REALTY GROUP
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property is configured for professional use, with approximately nine private offices, a large conference room, a kitchen, and two restrooms. The building was constructed in 2000 and is situated on E Business 83 in Weslaco.
Key Highlights
- Approximately nine private offices
- Large conference room, kitchen, and two restrooms
- Located on E Business 83 in Weslaco
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,766
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,475,320
$1.5M
Cap Rate 7%
$1,053,800
$1.1M
Cap Rate 9%
$819,622
$819.6K
Market Conditions
NOI Build-Up for 4,410 SF
Gross rent
$135.5K $30.72/SF
− Vacancy
−$37.1K −$8.42/SF
EGI
$98.4K $22.30/SF
− OpEx
−$24.6K −$5.58/SF
NOI
$73.8K $16.73/SF
Area
Hidalgo County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,475,320
Cap Rate 7%
$1,053,800
Cap Rate 9%
$819,622
Alternative Uses
Best Use
Office B
$1.05M
$922.1K – $1.23M
NOI $73,766 @ 7.0% cap · market cap 1,439.34%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$3.32M
$2.91M – $3.88M
NOI $232,517 @ 7.0% cap · market cap 4,536.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
298
Businesses Nearby
Explore this area
Business Placement
Demographics for 78596, TX
37,329
Population
15,824
Households
2.4
Avg Household Size
36
Median Age
21%
College-Educated
75%
High-School Grad
40.1 sq mi
ZIP Area
931
Density / Sq Mi
$53,797
Median Household Income
$31,618
Median Earnings
$917
Median Rent
$92,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The current layout includes private offices, a conference room, a kitchen, and two restrooms.
Where is this office unit located?
The property is located at 3110 E Business 83 Weslaco, TX.
What are key features of this property?
This property features: Approximately nine private offices; Large conference room, kitchen, and two restrooms; Located on E Business 83 in Weslaco
