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Property profile

236 Mile 2 1/2 Weslaco, TX 78596

OFF-MARKET
Warehouses
8,160 SF 7 ac lot Built 2010

Property summary

AI-generated overview

This exceptional 8,160-square-foot industrial property in Weslaco, Texas, presents a compelling owner-user opportunity. Situated on a substantial 7-acre lot, this Class B building boasts a versatile design, ideal for distribution, flex, or warehouse operations. Built in 2010, the property features two buildings and two stories, offering ample space for various needs. The warehouse area, totaling 6,038 square feet, includes a pitched metal roof, reinforced concrete slab foundation, commercial-grade windows, and three overhead metal doors. A 2,122-square-foot office/reception area, complete with drywall partitions, ceramic tile flooring, and suspended acoustical ceiling tiles, provides comfortable administrative space. Adding to the functionality is a 2,137-square-foot mezzanine, comprising a 403-square-foot office and 1,733 square feet of open space. A 979-square-foot attached porch enhances the property's utility. The high 23-foot ceiling height in the warehouse maximizes storage and operational efficiency. The property also includes extensive gravel pavement and open parking, currently accommodating eighteen-wheeler vehicles. Conveniently located just half a mile from Interstate 2, this property offers excellent accessibility and logistical advantages. The Hidalgo County location and industrial zoning provide further operational flexibility. The asking price is $899,000, translating to $110.17 per square foot. This vacant property is ready for immediate occupancy. APN: 108349.

Property profile

Verified
Property type Warehouses
Year built 2010
Total area 8,160 SF
Lot 7 ac (304,920 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Trucking Company
  • Auto Repair Shop
  • Auto Repair Shop

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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