2908 Mile 5 Weslaco, TX 78596
This exceptional investment opportunity presents a brand-new, 2023-built retail plaza ideally located in Mission, Texas, at 2908 W Mile 5 Road N, zip code 78596. The property boasts a substantial 23,331.17 square foot lot, offering five open-concept retail units, each equipped with a single bathroom. The plaza's strategic location within a high-traffic intersection ensures excellent visibility and accessibility for businesses. Professionally landscaped grounds, complete with a convenient water sprinkler system, create an inviting and well-maintained environment. Ample parking is available to accommodate customers and enhance the tenant experience. This modern complex is perfect for a variety of retail or professional service businesses, providing a strong potential for passive income generation. The asking price for this turnkey retail property is $1,155,000. This represents a rare chance to acquire a newly constructed, high-visibility retail space in a thriving Texas market. The property is situated in Hidalgo County and offers immediate occupancy. Don't miss this opportunity to secure a prime retail investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.