Current Use by Public Records
- Retail properties & Spaces
Property Details for 1102 Fm 1015 Hwy
- Year built
- 2011
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional commercial investment opportunity in Weslaco, Texas, presents a rare chance to acquire a thriving mixed-use property. Located at 1102 N FM 1015 Highway, this property boasts a substantial 21,092.188 square foot lot and a building constructed in 2011. Currently configured as five separate, income-generating units, the property commands a strong monthly rental income of $3,500. This figure presents a solid return on investment, with significant potential for further rental increases. The property is well-maintained, reflecting a commitment to quality and long-term value. One unit, Unit D, is currently vacant, providing immediate opportunity for new tenants or owner-occupancy. The property's classification as Commercial, Restaurant, and Other reflects its versatility and adaptability to a range of business uses. The property's location in Hidalgo County, Texas, zip code 78596, offers excellent access to major transportation routes and a thriving local economy. This is an ideal investment for those seeking a stable, high-yielding property with significant upside potential. The asking price is $350,000. Serious inquiries are encouraged to schedule a viewing of the vacant unit and explore the full potential of this remarkable property.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.992
- Latitude
- 26.1385
