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

    7209 Mile 6 Weslaco, TX 78599

    For Sale
    $999,000

    8.25 Acres, Commercial & Residential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 8.25-acre property in Weslaco, Texas, presents a unique investment opportunity. Located at the hard corner of Mile 12 and Mile 6 (Westgate) in a rapidly developing area of North Weslaco, this land boasts a prime location surrounded by new gated subdivisions and commercial developments. The property includes a substantial 3,900+ sq ft commercial building, currently operating as a bar/tavern, featuring a large outdoor area ideal for events. A separate 1,600 sq ft, two-story residential home with three bedrooms and two bathrooms is also situated on the property, offering additional living space or potential rental income. A horse stable is also present on the land. The expansive acreage offers numerous development possibilities, including further commercial expansion, residential subdivision, or a mixed-use project. The property's high visibility and strategic location at a major intersection make it an attractive investment for a variety of uses. The Hidalgo County location and 78599 zip code provide easy access to major transportation routes. This versatile property is priced at $999,000 and presents a rare chance to acquire a significant land holding with existing structures in a high-growth area. The property's size and existing improvements offer substantial potential for future development and return on investment.

    Property Features for 7209 Mile 6

    General Information

    Property type
    Multifamily properties
    Lot Size
    359,414 SF

    HighLights

    • $999,000 asking price.
    • 8.251‑acre lot in Weslaco, TX.
    • Multifamily property with commercial building and residential home.
    • High‑traffic corner location at Mile 12 & Mile 6 (Westgate) in a developing area of North Weslaco.
    • Includes a 3,900+ sq ft commercial building suitable for a restaurant or bar, plus a 1,600 sq ft, two‑story residential home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Guero’s Bar Night Club Pork Bellys (Formally ... Restaurant

    Suggested Use

    Restaurant Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Accounting Firm Grocery Store Bar & Pub Garden Center Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9914086
    Latitude
    26.1989275

    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?
    Multifamily property - 8.25 Acres, Commercial & Residential
    Where is this multifamily property located?
    The property is located at 7209 Mile 6 Weslaco, TX.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: $999,000 asking price.; 8.251-acre lot in Weslaco, TX.; Multifamily property with commercial building and residential home.
    Request Owner's contact information
    7209 Mile 6 Weslaco, TX 78599
    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.
    7209 Mile 6
    Weslaco, TX 78599
    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
    7209 Mile 6 Weslaco, TX 78599
    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.