4405 Padre Blvd Weslaco, TX 78596
- Office Properties & Spaces
Current Use by Public Records
- Office Properties & Spaces
Property Details for 4405 Padre Blvd
- Year built
- 1980
- Property type
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a 3,360 square foot executive office building situated on a prominent Padre Boulevard location in South Padre Island, Texas. The property, located at 4405 Padre Blvd., Weslaco, TX 78596, is priced at $796,000, representing a compelling $237 per square foot value. Constructed in 1980, the building currently generates income via a lease agreement extending until May 2025, offering immediate return on investment. The property sits on a 62.5 x 150 foot lot (Lot 7), providing ample space and potential for future expansion or development. Note that an adjacent lot (Lot 9, 50 x 125 feet) is also available for purchase, presenting a significant opportunity to expand the property footprint. This commercial site on Padre Boulevard boasts high visibility and accessibility, making it ideal for a variety of business ventures. The current lease allows for convenient showings, facilitating a seamless transition for new ownership. The property's location in Cameron County, Texas, offers a thriving business environment and strong potential for future growth. This is a rare chance to acquire a well-located, income-producing commercial property with significant upside potential. Don't miss this opportunity to secure a prime piece of South Padre Island real estate.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- CAMERON
- State
- Texas
- Longitude
- -97.992
- Latitude
- 26.1385
