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    4021 Mile 4 1/2 Weslaco, TX 78599

    For Sale
    $240,000

    Prime Weslaco location, 24,000+ sq ft lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property, located at 4021 N Mile 4 1/2 Road W, Weslaco, Texas 78599, presents a unique investment opportunity. The 24,201.936 square foot lot is ideally situated in a high-traffic area of Weslaco, boasting proximity to other established commercial businesses and newly developed residential areas. Built in 2013, this CO-zoned land has a proven track record as a successful event center, hosting celebrations and gatherings. The expansive layout allows for both indoor and outdoor events, accommodating features such as large inflatable attractions. Ample parking is available for guests, and the property offers a significant area suitable for various activities, including piñata parties. This property's versatility and prime location make it an attractive prospect for a wide range of commercial ventures. The asking price is $240,000. This is a rare opportunity to acquire a well-established commercial property in a thriving Texas community. Don't miss out on this chance to own a piece of Weslaco's commercial landscape.

    Property Features for 4021 Mile 4 1/2

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    2013

    HighLights

    • $240,000 asking price.
    • 24,201.936 sq ft lot.
    • Weslaco, TX location.
    • CO zoning.
    • 2013 construction.
    • High‑traffic area near commercial businesses and new residential developments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9837817
    Latitude
    26.1983893

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    FAQs

    What type of property is this?
    Retail property - Prime Weslaco location, 24,000+ sq ft lot.
    Where is this retail property located?
    The property is located at 4021 Mile 4 1/2 Weslaco, TX.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: $240,000 asking price.; 24,201.936 sq ft lot.; Weslaco, TX location.
    Request Owner's contact information
    4021 Mile 4 1/2 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
    4021 Mile 4 1/2 Weslaco, TX 78599
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