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Property profile & analytics
OFF-MARKET
Strip malls

505 Angelita Dr 19 Weslaco, TX 78599-8693

3,410 SF 0.25 ac lot Built 2005
Individually Owned 18-yr Hold ~ Est. High Equity
Property ID
US82-4543220
Property summary
AI-generated overview

This exceptional 3,410 square foot commercial property, located at 505 Angelita Drive Unit 7 in Weslaco, Texas, presents a compelling investment opportunity. The building boasts a modern stucco exterior and a combination flat roof with composition shingles, ensuring both aesthetic appeal and durability. A well-maintained paved parking area provides ample space for customers and employees, further enhanced by its advantageous end-cap position near the vehicle entry point. This prime location offers excellent visibility and accessibility, situated between Texas Blvd and Westgate Drive, two of Weslaco's busiest thoroughfares, guaranteeing high traffic flow and significant exposure. The property sits on a 0.25-acre lot. Currently, the space is leased to South Texas Fitness, a stable tenant with a lease that includes annual rent increases, providing a consistent income stream for the investor. This property is ideal for those seeking a strong, established commercial investment in a high-demand area of Weslaco. The combination of location, building condition, and existing lease makes this a truly attractive opportunity. The property's size and visibility make it suitable for a variety of commercial uses. The paved parking lot ensures convenient access for customers and employees. The strategic location between two major roadways guarantees high visibility and accessibility.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Total area 3,410 SF
Lot 0.25 ac (11,086 SF)
APN R2436-00-00B-0019-00
UPID US82-4543220
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ALL STX REHAB & CHIROPRACTIC SERVICES LLC Alternative Medicine Practice
  • Alicia Castillo Physician
  • Seema Jabbar Physician
  • Siegfried Pueblitz Physician
  • William Neumann Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Griego Family · 18 yrs held
Griego Family
since 2007
3 recorded transactions
2007
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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