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    1021 Utah Ave Weslaco, TX 78596

    For Sale
    $275,000

    Prime medical district office condo, 10,267 sq ft lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional commercial property, located at 1021 S Utah Avenue #4 in Weslaco, Texas, presents a unique investment opportunity. Built in 2003, this well-maintained condo office boasts a desirable location in the medical district, just two blocks south of Knapp Medical Hospital. The 10,267.092 square foot lot features a concrete parking lot with space for approximately 35 vehicles. The building itself offers a thoughtfully designed floor plan ideal for a variety of professional uses, including medical practices, insurance agencies, legal offices, accounting firms, or real estate businesses. The interior features a welcoming main lobby with a reception area complete with granite countertops and comfortable seating. A large window displays the office name, leading to a spacious conference room. Beyond the lobby are four private offices, a copy/communication room, a break room, and two ADA-compliant restrooms. Two additional rooms are equipped with built-in cubicle desks, perfect for individual workspaces or small teams. The exterior showcases a beautiful entrance and decorative metal front door, along with building signage. This property is offered at a new, reduced price of $275,000.

    Property Features for 1021 Utah Ave

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    2003

    HighLights

    • $275,000 asking price.
    • 10,267 sq ft lot.
    • 2003 construction.
    • Prime corner condo office in Weslaco, TX medical district.
    • Four private offices, conference room, break room, two ADA restrooms, and two office call/media rooms.
    • +/- 35 parking spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cuellar & Associates LLC Insurance Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9778417
    Latitude
    26.1494578

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    FAQs

    What type of property is this?
    Office Property / Space - Prime medical district office condo, 10,267 sq ft lot.
    Where is this office property / space located?
    The property is located at 1021 Utah Ave Weslaco, TX.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: $275,000 asking price.; 10,267 sq ft lot.; 2003 construction.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    1021 Utah Ave Weslaco, TX 78596
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