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    7209 Mile 6 Weslaco, TX 78599

    For Sale
    $999,000

    8-Acre Commercial Property, Texas

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 8.251-acre property in Weslaco, Texas, presents a unique investment opportunity. Located at 7209 N Mile 6 W, this prime commercial land boasts a substantial existing restaurant building spanning over 3,900 square feet, complete with a sizable outdoor area ideal for events. The property also includes a two-story, 1,600 square foot residential home featuring three bedrooms and two bathrooms. Built in 2005, this versatile property is situated at a high-traffic corner in a rapidly developing area of North Weslaco, offering excellent visibility and accessibility. The property's zoning allows for a variety of uses, including restaurant, bar, or potential subdivision development. Additional features include a horse stable and ample space for expansion or future development. The asking price is $999,000. This property is situated on the southwest corner of the intersection of Mile 12 and Mile 6 (Westgate), offering excellent visibility and access. The property is located in Hidalgo County, Texas, zip code 78599. This is a rare opportunity to acquire a substantial property with existing structures and significant development potential in a thriving area.

    Property Features for 7209 Mile 6

    General Information

    Property type
    Restaurants
    Lot Size
    359,414 SF

    Building Details

    Year Built
    2005

    HighLights

    • 8.251‑acre commercial land in Weslaco, TX, at 7209 N Mile 6 W.
    • Existing 3,900 sq ft restaurant building with large outdoor area.
    • Includes a 1,600 sq ft, 3 bed/2 bath residential home built in 2005.
    • High‑traffic corner location in rapidly developing North Weslaco, offering excellent visibility.
    • Zoned for various uses, including restaurant, bar, or subdivision.
    • Features a horse stable and ample expansion space.
    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
    -98.0084692
    Latitude
    26.2270556

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    FAQs

    What type of property is this?
    Restaurant - 8-Acre Commercial Property, Texas
    Where is this restaurant 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: 8.251-acre commercial land in Weslaco, TX, at 7209 N Mile 6 W.; Existing 3,900 sq ft restaurant building with large outdoor area.; Includes a 1,600 sq ft, 3 bed/2 bath residential home built in 2005.
    Request Owner's contact information
    7209 Mile 6 Weslaco, TX 78599
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    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
    7209 Mile 6 Weslaco, TX 78599
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