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    1602 Business Hwy 83 Weslaco, TX 78596

    For Sale
    Contact for pricing

    ±0.5 AC Commercial Land, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This ±0.5-acre commercial land parcel presents a compelling investment opportunity in Weslaco, Texas. Located at 1602 Business Hwy 83 E, this property boasts exceptional visibility and accessibility due to its strategic placement along a major thoroughfare. The site is situated within Hidalgo County, zip code 78596, and enjoys a prime location adjacent to a CVS Pharmacy and near Weslaco's Medical Hub. This advantageous proximity to a thriving medical cluster makes it ideally suited for medical-related businesses or developments seeking high traffic and prominent exposure. The property's location offers quick access to major highways, ensuring convenient transportation for both employees and customers. This vacant land presents a blank canvas for a variety of commercial ventures, capitalizing on the high traffic counts and strong visibility inherent to its location. The coordinates are 26.156444074437562 latitude and -97.97352371631108 longitude. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land opportunity.

    Property Features for 1602 Business Hwy 83

    General Information

    Property type
    Land

    HighLights

    • Excellent proximity to Weslaco's medical center.
    • Easy access to major roadways.
    • High‑traffic location with strong visibility.
    • Located next to a CVS Pharmacy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.973523716311
    Latitude
    26.156444074438

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    FAQs

    What type of property is this?
    Land - ±0.5 AC Commercial Land, High Visibility
    Where is this land located?
    The property is located at 1602 Business Hwy 83 Weslaco, TX.
    What are key features of this property?
    This property features: Excellent proximity to Weslaco's medical center.; Easy access to major roadways.; High-traffic location with strong visibility.
    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
    1602 Business Hwy 83 Weslaco, TX 78596
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