Zoned Commercial Auto Shop
For Sale
$349,000
4320 N International Blvd, Weslaco, TX 78596
Former auto shop building in a high-traffic area, offered as-is for commercial redevelopment.
Property Size4,480 SF
Price / SF$77.90
Days on Market252
Property Features for 4320 N International Blvd
General Information
Standard status
Active
Size
4,480 SF
Zoning
Commercial
Taxes and HOA fees
Annual Taxes
$3,200
Listing Agency:
Keller Williams LRGV
(956) 535-1156
Listed By:
Veronica Hernandez · License #0721686
(956) 535-1156
Source:
Exprealty
Added: Dec 15, 2025
Changed: Aug 21
Last Checked: Aug 24 at 9:21AM
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 Keller Williams LRGV
Investment Insights
Based on property information with market context.
This property is a commercial building that was previously used as a shop to repair tractors and lawnmowers. It offers a workable structure for an owner-operator or investor and is being sold in as-is condition, with no repairs to be made by the owner. The property is zoned commercial.
The asset is located on International Blvd in Weslaco, TX. Public remarks indicate it benefits from high traffic along the corridor and sits close to franchise businesses and nearby development.
For a buyer seeking a redevelopment or re-tenanting project, this site may fit a range of commercial uses consistent with the existing commercial zoning. Because the sale is as-is and the prior use was an equipment repair shop, prospective tenants and buyers will likely want to evaluate the existing improvements and determine what upgrades or reconfiguration may be needed for their intended operation.
The asset is located on International Blvd in Weslaco, TX. Public remarks indicate it benefits from high traffic along the corridor and sits close to franchise businesses and nearby development.
For a buyer seeking a redevelopment or re-tenanting project, this site may fit a range of commercial uses consistent with the existing commercial zoning. Because the sale is as-is and the prior use was an equipment repair shop, prospective tenants and buyers will likely want to evaluate the existing improvements and determine what upgrades or reconfiguration may be needed for their intended operation.
Key Highlights
- Former shop building located in a high‑traffic area on International Blvd in Mercedes
- Zoned Commercial
- Former shop used to repair tractors and lawnmowers
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
$23,575
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
6.76%
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%
$471,500
$471.5K
Cap Rate 7%
$336,786
$336.8K
Cap Rate 9%
$261,944
$261.9K
Market Conditions
NOI Build-Up for 4,480 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
$36.0K $8.04/SF
− Vacancy
−$2.3K −$0.52/SF
EGI
$33.7K $7.52/SF
− OpEx
−$10.1K −$2.26/SF
NOI
$23.6K $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%
$471,500
Cap Rate 7%
$336,786
Cap Rate 9%
$261,944
Alternative Uses
Best Use
Retail
$864.1K
$756.1K – $1.01M
NOI $60,490 @ 7.0% cap · market cap 17.33%
Second Best
Industrial
$336.8K
$294.7K – $392.9K
NOI $23,575 @ 7.0% cap · market cap 6.76%
Theoretical Best
Hotel Hospitality
$3.37M
$2.95M – $3.94M
NOI $236,208 @ 7.0% cap · market cap 67.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Well-served
Demand for This Use
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
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
- Auto Glass Shop — 5031 N International Blvd, Weslaco, TX 78599
- Parra Tire Shop — FM 1015, Mercedes, TX 78570
- Segura's Body Shop — 2228 E Mile 11 N, Weslaco, TX 78596
- Mad Sounds — 4418 N International Blvd, Weslaco, TX 78599
- Tire Shop Pina — 3310 N International Blvd, Weslaco, TX 78596
Frequently Asked Questions
What type of property is this?
Auto shop - Former auto shop building in a high-traffic area, offered as-is for commercial redevelopment.
Where is this auto shop located?
The property is located at 4320 N International Blvd Weslaco, TX.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Former shop building located in a high‑traffic area on International Blvd in Mercedes; Zoned Commercial; Former shop used to repair tractors and lawnmowers
