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    1110 Expressway 83 Weslaco, TX 78599

    Sponsored
    For Sale
    $1,287,000

    High-traffic corner lot, excellent visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.538-acre commercial property in Weslaco, Texas, presents a remarkable investment opportunity. Ideally situated on West Expressway 83, between Texas Blvd and Westgate Dr, this high-visibility corner lot boasts 125 feet of frontage and benefits from consistent traffic flow. The property comprises two lots (342365 & 536788), each slightly over 0.75 acres, totaling 1.53751 acres. Existing improvements include two office buildings totaling approximately 1126 square feet and a metal building of approximately 2250 square feet. This property has a rich history, having served as an independent car dealership since 1992, demonstrating its suitability for various commercial uses. Its prime location, surrounded by other retail businesses, makes it ideal for retail ventures, restaurants, or continued use as a car dealership. The seller is open to a lease-back arrangement, though this is not a condition of sale. Built in 1994, this property offers significant potential for growth and profitability in a thriving commercial area. The asking price is $1,287,000.

    Property Features for 1110 Expressway 83

    General Information

    Property type
    Distribution properties
    Lot Size
    66,995 SF

    Building Details

    Year Built
    1994

    HighLights

    • $1,287,000 asking price.
    • 1.538‑acre lot in Weslaco, Texas.
    • High‑traffic corner lot with Expressway 83 frontage.
    • Existing improvements include two office buildings (approx. 1126 sq ft total) and a metal building (approx. 2250 sq ft).
    • Seller open to leaseback, but not a contingency of sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Expressway Motors Car Dealer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.0016794
    Latitude
    26.1736689

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    FAQs

    What type of property is this?
    Distribution property - High-traffic corner lot, excellent visibility
    Where is this distribution property located?
    The property is located at 1110 Expressway 83 Weslaco, TX.
    What is the asking price?
    The asking price for this property is $1,287,000.
    What are key features of this property?
    This property features: $1,287,000 asking price.; 1.538-acre lot in Weslaco, Texas.; High-traffic corner lot with Expressway 83 frontage.
    Request Owner's contact information
    1110 Expressway 83 Weslaco, TX 78599
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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
    1110 Expressway 83 Weslaco, TX 78599
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