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Property profile & analytics
OFF-MARKET
Specialty properties

518 Highway 281 Weslaco, TX 78596

Built 2005
Property ID
Property summary
AI-generated overview

This exceptional 2005-built commercial property in Weslaco, Texas, presents a unique investment opportunity. Located at 518 HWY 281, zip code 78596, this special-purpose building is ideally suited for a bar or dance hall. Priced at $599,999, the property boasts a fully functional kitchen, perfect for preparing food and drinks to complement your entertainment offerings. A spacious dance floor provides ample room for patrons to enjoy themselves, while a second-floor seating area offers a more intimate and relaxed atmosphere. The layout is designed to accommodate numerous tables and chairs, ensuring comfortable seating for a large capacity. The building's design seamlessly blends functionality with a welcoming ambiance, creating a space ready to host a thriving nightlife establishment. This prime location in Hidalgo County offers excellent visibility and accessibility, making it an ideal spot to establish a successful and captivating entertainment venue. The property is ready for immediate occupancy, allowing for a swift transition into your business operations. Don't miss this chance to own a turnkey nightclub in a vibrant Texas community.

Property profile
Verified
Property type Specialty properties
Year built 2005
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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