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    4000 Westgate Dr Weslaco, TX 78599

    For Sale
    $1,800,000

    Prime 7,384 SF lot, new construction.

    Property size:
    7,384 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 33,370.88 square foot commercial land parcel, located at 4000 N Westgate Drive in Weslaco, Texas, presents a unique investment opportunity. Built in 2023, the property boasts a modern design and is situated in a thriving area of Hidalgo County, just minutes from the expressway. Currently occupied by a daycare under a lease with two years remaining, this property offers immediate income potential and strong future prospects. The contemporary architecture and versatile spaces are ideal for a variety of retail or office uses. Its prime location ensures high visibility and accessibility, attracting significant foot traffic. Ample parking is available, further enhancing its appeal to potential tenants. The property's strategic placement within a vibrant business community positions it perfectly to capitalize on the area's growth and demand. This is an excellent chance to acquire a high-value commercial property in a rapidly developing market, offering both immediate return and long-term growth potential. The asking price is $1,800,000. The property's zip code is 78599.

    Property Features for 4000 Westgate Dr

    General Information

    Property type
    Land
    Square Feet
    7,384 SF

    Building Details

    Year Built
    2023

    HighLights

    • $1,800,000 asking price.
    • 7,384 square foot lot.
    • 33,370.88 square foot land parcel.
    • 2023 construction.
    • Located at 4000 N Westgate Drive, Weslaco, TX 78599.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Miles of Smiles Learning ... Day Care Center

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.0069993
    Latitude
    26.1977958

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    FAQs

    What type of property is this?
    Land - Prime 7,384 SF lot, new construction.
    Where is this land located?
    The property is located at 4000 Westgate Dr Weslaco, TX.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: $1,800,000 asking price.; 7,384 square foot lot.; 33,370.88 square foot land parcel.
    Request Owner's contact information
    4000 Westgate Dr 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
    4000 Westgate Dr Weslaco, TX 78599
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