Listing Agency: SVN | Hanna Solutions CRE Show Phone

Listed By: Mario Mendiola Show Phone

Source: Moodyscre

Added: Nov 4, 2025 Changed: Oct 9 Last Checked: Oct 20 at 5:26PM

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Investment Insights

Based on property information with market context.

This 4,470 square foot retail property is situated on a 1.59-acre lot and is currently 100% leased. Zoned B-1 Neighborhood Business District, the property offers an added-value opportunity with space for additional retail development. Its corner location at Pike Blvd & N. Border Ave provides strong visibility and traffic counts. The property is located just 0.17 miles south of Interstate 2, offering quick access to the expressway. Caddy-corner from Weslaco High School and surrounded by dense residential neighborhoods, it is ideally suited for neighborhood retail, medical, or service-oriented users. This income-producing asset is situated in a high-demand trade area experiencing continued growth.

Key Highlights

• 100% Leased: Stable, income‑producing asset.
• Added‑Value Opportunity: Space for additional retail development.
• High Visibility & Traffic: Corner location at Pike Blvd & N. Border Ave.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$60,355

Cap Rate

7.55%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,207,100 $1.2M

Cap Rate 7%

$862,214 $862.2K

Cap Rate 9%

$670,611 $670.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,470 SF

Gross rent

$91.7K $20.52/SF

− Vacancy

−$5.5K −$1.23/SF

EGI

$86.2K $19.29/SF

− OpEx

−$25.9K −$5.79/SF

NOI

$60.4K $13.50/SF

Area

Hidalgo County, TX

Vacancy

6.00%

Lease Rate

$20.52 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,207,100

Cap Rate 7%

$862,214

Cap Rate 9%

$670,611

Alternative Uses

Best Use

Retail

$862.2K

$754.4K – $1.01M (±1% cap)

NOI $60,355 @ 7.0% cap · market cap 7.55%

Second Best

—

—

no second resolved use

Theoretical Best

Hotel Hospitality

$3.37M

$2.95M – $3.93M (±1% cap)

NOI $235,681 @ 7.0% cap · market cap 29.50%

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

Yusan Taekwondo Training Center Border BBQ Restaurant Crazy About Mangonadas ... Bar & Pub D&D Cakes & More Bakery A Cut Above Gentleman's ... Barber Shop

Suggested Use

Top Pick Electrical Service Locksmith Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Plumbing Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

900

Businesses Nearby

268k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 54% Shops & Services 25% Home Improvements & Furnishings 9% Superstores 8%

McDonald's Dining

41,717 visits/mo 0.4 miles

Whataburger Dining

33,945 visits/mo 0.5 miles

H-E-B Fuel Shops & Services

26,903 visits/mo 0.4 miles

Panda Express Dining

20,877 visits/mo 0.4 miles

Big Lots Superstores

20,784 visits/mo 0.2 miles

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - 4,470 SF retail property with development potential near expressway.

Where is this retail space located?

The property is located at 900 N Border Ave Weslaco, TX.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: 100% Leased: Stable, income‑producing asset.; Added‑Value Opportunity: Space for additional retail development.; High Visibility & Traffic: **Corner location at Pike Blvd & N. Border Ave.**