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    4038 Expressway 83 Weslaco, TX 78599

    Sponsored
    For Sale
    $980,000

    Prime 1.18-acre lot, high visibility

    Property size:
    5,010 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a fully fenced 1.18-acre commercial property ideally situated on Expressway 83 (I-2) in Weslaco, Texas. Boasting excellent visibility and convenient access, this site is perfectly positioned for a diverse range of business ventures. The property includes a substantial 5,010 square foot warehouse currently generating lease income, complemented by two separate office spaces. Built in 1980, the property offers significant potential for redevelopment or expansion. Its prime location on Expressway 83 ensures high traffic volume and strong brand visibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving area. The expansive lot size provides ample space for future development, accommodating various business types, including office spaces, retail establishments, or automotive services. This turnkey investment offers immediate income generation from the existing lease and substantial long-term growth potential. The asking price is $980,000. The property is located at 4038 E Expressway 83, Weslaco, TX 78599, within Hidalgo County. Don't miss this chance to acquire a high-value commercial property in a rapidly growing market.

    Property Features for 4038 Expressway 83

    General Information

    Property type
    Distribution properties
    Square Feet
    5,010 SF
    Lot Size
    51,401 SF

    Building Details

    Year Built
    1980

    HighLights

    • $980,000 asking price.
    • 1.18‑acre lot in Weslaco, Texas.
    • 5,010 square feet building, including warehouse and office space.
    • Built in 1980.
    • High‑visibility location on Expressway 83 (I‑2) with excellent access.
    • Currently leased warehouse space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Untamed Diesel Performance Diesel Engine Repair Service Explizit Motorsports LLC Auto Repair Shop E & J Auto ... Glass Shop

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9503321
    Latitude
    26.1565265

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    FAQs

    What type of property is this?
    Distribution property - Prime 1.18-acre lot, high visibility
    Where is this distribution property located?
    The property is located at 4038 Expressway 83 Weslaco, TX.
    What is the asking price?
    The asking price for this property is $980,000.
    What are key features of this property?
    This property features: $980,000 asking price.; 1.18-acre lot in Weslaco, Texas.; 5,010 square feet building, including warehouse and office space.
    Request Owner's contact information
    4038 Expressway 83 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
    4038 Expressway 83 Weslaco, TX 78599
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