Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Business Hwy 83 Weslaco, TX 78596

    For Sale
    $3,880,000

    50 Acres, Prime Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 50.05-acre commercial land parcel presents a remarkable investment opportunity in Weslaco, Texas. Strategically located on Business Hwy 83 E, just east of Mile 1 and south of Interstate 2, this property boasts unparalleled accessibility and visibility. Its proximity to the Iron Horse Railroad adds significant logistical advantages. Currently outside city limits, annexation is highly probable upon development, unlocking further potential. The site's expansive acreage allows for a diverse range of development options, including a mixed-use project combining residential and commercial components. With an estimated capacity for 180+ single-family homes, plus space for multi-family dwellings and commercial buildings, this land offers substantial scalability. The asking price is $3,880,000, translating to $77,522 per acre. Its location between Harlingen/San Benito and McAllen/Pharr, coupled with its proximity to Interstate 2 and the Mercedes Outlet Mall, ensures high traffic flow and strong market demand. Furthermore, its convenient access to VIA and McAllen International Airports enhances its appeal for both residential and commercial ventures. This is a rare chance to acquire a large, well-positioned tract of land with significant future growth potential in a thriving Texas market. The zip code is 78596, and the property is situated in Hidalgo County.

    Property Features for 0 Business Hwy 83

    General Information

    Property type
    Land
    Lot Size
    2,180,178 SF

    HighLights

    • 50.05‑acre commercial land parcel in Weslaco, TX, on Business Hwy 83 E, near I‑2.
    • High visibility and accessibility due to location on Business Hwy 83 E, east of Mile 1 and south of I‑2.
    • Proximity to Mercedes Outlet Mall drives high traffic and demand.
    • Convenient access to VIA and McAllen International Airports.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9701852
    Latitude
    26.1558067

    Nearby Similar for Sale

    • $900,000
      3,100 SF

      Turnkey Restaurant & Entertainment Space

      High-visibility restaurant with outdoor entertainment area near US-Mexico border.
      1015 S International Blvd, Weslaco, TX 78596
      View Details
    • $499,000
      4,080 SF

      New Construction Quadruplex in Weslaco

      New construction fourplex in gated community near dining and shopping.
      700 Oriole Rd, Weslaco, TX 78596
      View Details
    • $478,000
      3,900 SF

      New Fourplex in Gated Subdivision

      Recently built fourplex in Weslaco's Verona subdivision.
      1312 Lore Dr, Weslaco, TX 78599
      View Details
    • $478,000
      3,990 SF

      New Quadruplex in Gated Subdivision

      Recently built fourplex in Weslaco's Verona subdivision with steady rental demand.
      1303 Marcela Dr, Weslaco, TX 78599
      View Details
    • $460,000
      3,900 SF

      New Quadplex in Gated Subdivision

      Recently built fourplex in Weslaco, featuring modern amenities and strong rental appeal.
      1403 Marcela Dr, Weslaco, TX 78599
      View Details
    • $499,000
      4,226 SF

      New Fourplex in Gated Community

      New construction fourplex in Weslaco's Rio Meadows gated community.
      3121 Briggs St, Weslaco, TX 78596
      View Details

    FAQs

    What type of property is this?
    Land - 50 Acres, Prime Development Opportunity
    Where is this land located?
    The property is located at Business Hwy 83 Weslaco, TX.
    What is the asking price?
    The asking price for this property is $3,880,000.
    What are key features of this property?
    This property features: 50.05-acre commercial land parcel in Weslaco, TX, on Business Hwy 83 E, near I-2.; High visibility and accessibility due to location on Business Hwy 83 E, east of Mile 1 and south of I-2.; Proximity to Mercedes Outlet Mall drives high traffic and demand.
    Request Owner's contact information
    Business Hwy 83 Weslaco, TX 78596
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Business Hwy 83
    Weslaco, TX 78596
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Business Hwy 83 Weslaco, TX 78596
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.