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    1420 Interstate Hwy Weslaco, TX 78596

    For Sale
    $1,500,000

    Prime Commercial Property, High Visibility

    Property size:
    5,559 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5,559 square foot commercial building, situated on a 0.69-acre lot in Weslaco, Texas, presents a unique investment opportunity. Built in 1993 and extensively renovated in 2023, this single-story, single-unit structure boasts a solid block/stucco exterior with metal roof rafters and trusses. The property enjoys 100% occupancy as of May 31, 2023, and is currently zoned for commercial use. Its prime location along Interstate Highway 2, with convenient access from Pike Boulevard, ensures high visibility and accessibility. Ample parking and storage space are readily available. The building's versatile design makes it suitable for various uses, including medical clinics, doctor's offices, or other commercial ventures. Large pole and monument signs enhance visibility. The property is offered for sale at $1,500,000. The seller may consider remaining as a tenant for a year under a mutually agreeable arrangement. Alternatively, the property is available for lease at $2.00 per square foot, NNN. This is a rare opportunity to acquire a well-maintained, high-traffic commercial property in a thriving Texas market. The property features 5,559 square feet of air rights.

    Property Features for 1420 Interstate Hwy

    General Information

    Property type
    Land
    Square Feet
    5,559 SF
    Class
    C
    Lot Size
    30,056 SF

    Building Details

    Year Built/Renovated
    1993/2023
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • High‑visibility freestanding commercial building on an expressway frontage road.
    • NNN lease rate: $2.00 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9766605
    Latitude
    26.1704779

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    FAQs

    What type of property is this?
    Land - Prime Commercial Property, High Visibility
    Where is this land located?
    The property is located at 1420 Interstate Hwy Weslaco, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: High-visibility freestanding commercial building on an expressway frontage road.; NNN lease rate: $2.00 per square foot.;
    Request Owner's contact information
    1420 Interstate Hwy Weslaco, TX 78596
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    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
    1420 Interstate Hwy Weslaco, TX 78596
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