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    1504 Pike Blvd Weslaco, TX 78596

    Sponsored
    For Sale
    $1,200,000

    High-Income Potential, Versatile Space

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional $1,200,000 property at 1504 Pike Blvd., Weslaco, TX 78596, offers a unique blend of commercial opportunities. Built in 2001, this versatile building encompasses executive office space, a restaurant, and warehouse facilities, making it ideal for a variety of businesses. The property's prime location across from a school ensures a constant flow of customers, a significant advantage for any retail or food service operation. The existing configuration includes a high-income-producing bakery, complete with all office furniture and inventory, which is included in the sale. The substantial square footage allows for significant flexibility

    Property Features for 1504 Pike Blvd

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    2001

    HighLights

    • $1,200,000 asking price for a versatile commercial property at 1504 Pike Blvd., Weslaco, TX 78596.
    • 2001 construction featuring executive office space, a restaurant, and warehouse facilities.
    • Prime location across from a school, ideal for retail or food service.
    • Includes a profitable bakery with all furniture and inventory.
    • Substantial square footage offers flexibility for various business uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    La Reynera Bakery ... Bakery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Weslaco
    County
    HIDALGO
    State
    Texas
    Longitude
    -98.0054099
    Latitude
    26.1701267

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    FAQs

    What type of property is this?
    Restaurant - High-Income Potential, Versatile Space
    Where is this restaurant located?
    The property is located at 1504 Pike Blvd Weslaco, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price for a versatile commercial property at 1504 Pike Blvd., Weslaco, TX 78596.; 2001 construction featuring executive office space, a restaurant, and warehouse facilities.; Prime location across from a school, ideal for retail or food service.
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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
    1504 Pike Blvd Weslaco, TX 78596
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