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Property profile & analytics
OFF-MARKET
Land

503 Illinois Ave Weslaco, TX 78596

Property ID
Property summary
AI-generated overview

This exceptional commercial land parcel, located at 503 S Illinois Avenue in Weslaco, Texas, presents a unique investment opportunity. The property boasts a generous 20,999.84 square foot lot size (.48 acres), zoned B2, and features a single-tenant building with 2,750 square feet of space. The property's convenient location near Downtown Weslaco, at the corner of 5th Street and Illinois Avenue, ensures high visibility and accessibility. Ample parking is provided with 19 spaces. The property is currently available for lease at a competitive rate of $1.50 per square foot. A significant advantage is the availability of build-to-suit options, allowing prospective tenants to customize the space to perfectly match their specific business requirements. This flexibility makes the property ideal for a wide range of commercial ventures seeking to establish or expand their presence in the thriving Weslaco market. The APN is W230000044002000. This is a rare opportunity to secure a prime commercial location in a desirable area of Weslaco, Texas, offering both immediate occupancy and the potential for long-term growth.

Property profile
Verified
Property type Land
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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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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