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Property profile & analytics
OFF-MARKET
Land

0 Expressway 83 San Juan, TX 78596

0.75 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land parcel, located in Weslaco, Texas, presents a unique investment opportunity. Situated on Expressway 83 and accessible from Pike Boulevard, this property boasts unparalleled visibility and high traffic counts. With over 100,000 vehicles passing daily on Expressway 83 and an additional 5,778 on Pike Boulevard, this site guarantees maximum exposure for any business. The property encompasses between 0.75 and 1 acre and is zoned for commercial use, offering flexibility for various development plans. A key feature is the inclusion of a one-acre restaurant pad, perfectly suited for a fast-casual or sit-down establishment. In addition to the restaurant pad, the site allows for the development of up to ten storefronts, along with ample parking to accommodate customers and employees. The property's location within Weslaco's thriving commercial corridor, near established retailers such as Lowe's, Academy, Starbucks, and Freddy's, further enhances its appeal. This fee-simple ownership opportunity is priced at $785,000, with a land value of $24 per square foot. The property's strategic location, combined with its size and potential for multiple uses, makes it an ideal investment for developers and entrepreneurs seeking a high-visibility location in a rapidly growing market. The site offers excellent access from two major thoroughfares, ensuring convenient access for customers and employees. Don't miss this chance to secure a prime commercial property in a booming Texas market.

Property profile
Verified
Property type Land
Lot 0.75 ac (32,670 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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