Current Use by Public Records
- Office Spaces
Property Details for 1420 Interstate Hwy
- Year built
- 1993
- Lot size
- 0.69 lot acres
- Property type
- Office Spaces
- Property subtype
- Land
Description
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.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9767
- Latitude
- 26.1705
