Business Hwy 83 Weslaco, TX 78596
- Land
- 50.05 lot acres
Current Use by Public Records
- Land
Property Details for 0 Business Hwy 83
- Lot size
- 50.05 lot acres
- Property type
- Land
Description
This exceptional 50.05-acre commercial land parcel presents a remarkable investment opportunity in Weslaco, Texas. Strategically located on Business Hwy 83 E, just east of Mile 1 and south of Interstate 2, this property boasts unparalleled accessibility and visibility. Its proximity to the Iron Horse Railroad adds significant logistical advantages. Currently outside city limits, annexation is highly probable upon development, unlocking further potential. The site's expansive acreage allows for a diverse range of development options, including a mixed-use project combining residential and commercial components. With an estimated capacity for 180+ single-family homes, plus space for multi-family dwellings and commercial buildings, this land offers substantial scalability. The asking price is $3,880,000, translating to $77,522 per acre. Its location between Harlingen/San Benito and McAllen/Pharr, coupled with its proximity to Interstate 2 and the Mercedes Outlet Mall, ensures high traffic flow and strong market demand. Furthermore, its convenient access to VIA and McAllen International Airports enhances its appeal for both residential and commercial ventures. This is a rare chance to acquire a large, well-positioned tract of land with significant future growth potential in a thriving Texas market. The zip code is 78596, and the property is situated in Hidalgo County.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9702
- Latitude
- 26.1558
