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    4405 Padre Blvd Weslaco, TX 78596

    For Sale
    $796,000

    Weslaco, TX Executive Office Building - Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional investment opportunity presents a 3,360 square foot executive office building situated on a prominent Padre Boulevard location in South Padre Island, Texas. The property, located at 4405 Padre Blvd., Weslaco, TX 78596, is priced at $796,000, representing a compelling $237 per square foot value. Constructed in 1980, the building currently generates income via a lease agreement extending until May 2025, offering immediate return on investment. The property sits on a 62.5 x 150 foot lot (Lot 7), providing ample space and potential for future expansion or development. Note that an adjacent lot (Lot 9, 50 x 125 feet) is also available for purchase, presenting a significant opportunity to expand the property footprint. This commercial site on Padre Boulevard boasts high visibility and accessibility, making it ideal for a variety of business ventures. The current lease allows for convenient showings, facilitating a seamless transition for new ownership. The property's location in Cameron County, Texas, offers a thriving business environment and strong potential for future growth. This is a rare chance to acquire a well-located, income-producing commercial property with significant upside potential. Don't miss this opportunity to secure a prime piece of South Padre Island real estate.

    Property Features for 4405 Padre Blvd

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1980

    HighLights

    • $796,000 asking price for an executive office building.
    • 1980‑built office property located at 4405 Padre Blvd, South Padre Island, TX 78596.
    • 3,360 square foot building on a commercial lot, currently leased.
    • Located on Padre Blvd with high potential for various uses.
    • Adjacent lot also available for purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Weslaco
    County
    CAMERON
    State
    Texas
    Longitude
    -97.991986
    Latitude
    26.1385465

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    FAQs

    What type of property is this?
    Office Property / Space - Weslaco, TX Executive Office Building - Investment Opportunity
    Where is this office property / space located?
    The property is located at 4405 Padre Blvd Weslaco, TX.
    What is the asking price?
    The asking price for this property is $796,000.
    What are key features of this property?
    This property features: $796,000 asking price for an executive office building.; 1980-built office property located at 4405 Padre Blvd, South Padre Island, TX 78596.; 3,360 square foot building on a commercial lot, currently leased.
    Request Owner's contact information
    4405 Padre Blvd Weslaco, TX 78596
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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
    4405 Padre Blvd Weslaco, TX 78596
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