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Property profile & analytics
OFF-MARKET
Mixed-use properties

202 Pleasantview Dr Weslaco, TX 78596

Property ID
Property summary
AI-generated overview

This exceptional 8.33-acre (8.15 acres net) property in Weslaco, Texas, presents a remarkable investment opportunity. Strategically located near Highway 2 (Expressway 83), this land boasts high visibility and accessibility, making it ideal for diverse development projects. The property is zoned H, AC, and Residential, allowing for commercial, residential, or mixed-use developments. Its prime location within a rapidly growing area, characterized by increasing property values and high demand, ensures significant return on investment potential. Nearby, five commercial sites are under construction along Expressway 83, further solidifying the area's development momentum. Established retailers such as Home Depot, Lowe's, Walmart, and numerous restaurants are within close proximity, providing existing infrastructure and consumer base. The property's advantageous position near two international bridges (Nuevo Progreso and Donna Rio Bravo) and Mexico's new transcontinental highway offers access to substantial cross-border commerce, adding another layer of investment appeal. The area also offers recreational amenities including Estero Llano Grande State Park and the Valley Nature Center. Utilities such as water and electricity are available. This property represents a unique chance to capitalize on the thriving Weslaco market and its promising future. The flexible zoning and strategic location make it an attractive proposition for developers seeking to create a vibrant and successful project.

Property profile
Verified
Property type Mixed-use properties
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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