413 W Pike Boulevard, Weslaco, TX 78596
Well-maintained retail strip center with existing tenant occupancy and convenient expressway access for Valley-area customers.
- Added:
- May 28, 2026
- Days on Market:
- 21
- Last Refresh:
- Jun 15 at 5:03 am
Property Features for 413 W Pike Boulevard
General Information
- Standard status
- Active
- Size
- 4,095 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2007
Listing agent Mary Jane Schwarz (956) 821-7676
Listing office Schwarz Company, Realtors (956) 821-7676
Listing date May 28, 2026
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of Schwarz Company, Realtors
HighLights
- Well‑maintained retail strip center with existing tenant occupancy and is fully leased
- Year built: 2007
- Central air (electric) for climate control
- 12 paved parking spaces with paved driveway
- 3 guest facilities
- Located on a city road with expressway access for Valley‑area customers
Overview
The center offers easy access to the expressway, supporting convenient travel for customers across nearby Valley cities. The public remarks also note the property’s proximity to a newly reconstructed high-volume shopping center, placing it within a broader retail environment.
For investors and buyers seeking an income-oriented retail asset, the key operational detail provided is that the property is currently fully leased. Its condition is described as well-maintained, and its location emphasizes convenient expressway access plus nearby retail activity. This combination can make the strip center a practical consideration for buyers evaluating an occupied, retail-focused property in Weslaco.
Local Financial Insights For Retail
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 | $84.0k | $20.52 |
| − Vacancy | −$5.0k | −$1.23 |
| EGI | $79.0k | $19.29 |
| − OpEx | −$23.7k | −$5.79 |
| NOI | $55.3k | $13.50 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.994585
- Latitude
- 26.16964
