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    OFF-MARKET
    Warehouses

    2912 Business Hwy 83, Weslaco, TX 78596

    2.17 ac lot Built 1950
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.17-acre commercial property, located at 2912 E Business 83 Highway in Mercedes, Texas, presents a compelling investment opportunity. Boasting over 140 feet of frontage on the busy Business Highway 83, this site benefits from a high-traffic location near the intersection of International Boulevard and Business Highway 83, experiencing 34,540 vehicles daily. The property includes two metal buildings and is zoned County. Situated in the rapidly growing Weslaco area of the Rio Grande Valley, between Harlingen and the McAllen/Pharr/Edinburg MSA, this location offers access to a dense population and high consumer demand. Its proximity to successful national retailers further enhances its appeal. Built in 1950, the property offers convenient access to all utilities, including city sewer and city water. This mixed-use property, with its excellent location, strong traffic counts, and utility access, represents a prime opportunity for business expansion or investment in a thriving market. The asking price is $450,000. The property's 78576 zip code places it within Hidalgo County.

    Property profile
    Verified
    Property type Warehouses
    Year built 1950
    Lot 2.17 ac (94,525 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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