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Property profile & analytics
OFF-MARKET
Office Spaces

1420 Interstate Hwy Weslaco, TX 78596

5,559 SF 0.69 ac lot Built 1993
Property ID
Property summary
AI-generated overview

This exceptional 5,559 square foot commercial building, situated on a 0.69-acre lot in Weslaco, Texas, presents a unique investment opportunity. Built in 1993 and extensively renovated in 2023, this single-story, single-unit structure boasts a solid block/stucco exterior with metal roof rafters and trusses. The property enjoys 100% occupancy as of May 31, 2023, and is currently zoned for commercial use. Its prime location along Interstate Highway 2, with convenient access from Pike Boulevard, ensures high visibility and accessibility. Ample parking and storage space are readily available. The building's versatile design makes it suitable for various uses, including medical clinics, doctor's offices, or other commercial ventures. Large pole and monument signs enhance visibility. The property is offered for sale at $1,500,000. The seller may consider remaining as a tenant for a year under a mutually agreeable arrangement. Alternatively, the property is available for lease at $2.00 per square foot, NNN. This is a rare opportunity to acquire a well-maintained, high-traffic commercial property in a thriving Texas market. The property features 5,559 square feet of air rights.

Property profile
Verified
Property type Office Spaces
Year built 1993
Total area 5,559 SF
Lot 0.69 ac (30,056 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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