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    OFF-MARKET
    Land

    117 Fm 1015, Weslaco, TX 78596

    1.8 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.8-acre commercial land parcel presents a compelling investment opportunity in Weslaco, Texas. Strategically located on FM 1015, a major arterial roadway connecting the US-Mexico bridge to Highway 107, this property boasts unparalleled visibility and accessibility. The site enjoys a daily traffic count exceeding 24,000 vehicles along its frontage, with the intersection itself seeing nearly 127,695 vehicles per day. Its prime location is further enhanced by its proximity to established businesses, including quick-service restaurants, convenience stores, and other restaurants. The property is directly adjacent to a large tract of land suitable for significant commercial development, ensuring future growth and potential for synergy. Excellent visibility from Expressway 83 (I-2) adds to its appeal. The surrounding area is experiencing substantial residential development, guaranteeing a consistent and expanding consumer base. This thriving commercial hub in the mid-valley offers an exceptional chance to own a piece of one of the region's fastest-growing trade areas. The asking price for this high-traffic, high-visibility lot is $1,300,000. The property is zoned for commercial use and is ready for immediate development. This is a rare opportunity to acquire a strategically located commercial lot in a rapidly expanding market.

    Property profile
    Verified
    Property type Land
    Lot 1.8 ac (78,408 SF)
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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