3828 Interstate 2 Hwy Weslaco, TX 78599
This exceptional 3.84-acre commercial land parcel in Weslaco, Texas, boasts prime highway frontage on Interstate Highway 2. The property, comprised of three contiguous lots (originally three lots totaling 3.3 acres, plus a newly added 0.51-acre lot), offers significant visibility and accessibility. With over 469 feet of frontage on the expressway, and an additional 170+ feet from the newly added lot, this location provides unparalleled exposure to high traffic volume. The strategic location between FM 1015 and Mile 2 1/2 Road ensures convenient access for customers and employees. Eastbound traffic has an exit directly before the property, while westbound traffic can easily access it via the FM 1015 turnaround. Surrounding businesses include established entertainment venues such as Tipsy Monkey Bar, Pins & Cues Bowling Alley, and the Mustang Lounge, indicating a vibrant and active commercial area. The property's versatility makes it suitable for a wide range of commercial uses, including hotels, office or retail spaces, car lots, and restaurants. Note that certain uses, such as those involving significant noise, may be restricted by deed restrictions to ensure compatibility with neighboring residential areas. This is a rare opportunity to acquire a substantial commercial land parcel in a high-traffic location with excellent visibility and development potential. The newly added 0.51-acre lot provides a hard corner, further enhancing its value and potential. The total acreage is now 3.84 acres.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.