Technical
Financial
Distress signals
Property profile

1021 Utah Ave Weslaco, TX 78596

OFF-MARKET
Office buildings
Property ID
US82-5168364
2,460 SF 0.24 ac lot Built 2003
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 1021 S Utah Avenue #4 in Weslaco, Texas, presents a unique investment opportunity. Built in 2003, this well-maintained condo office boasts a desirable location in the medical district, just two blocks south of Knapp Medical Hospital. The 10,267.092 square foot lot features a concrete parking lot with space for approximately 35 vehicles. The building itself offers a thoughtfully designed floor plan ideal for a variety of professional uses, including medical practices, insurance agencies, legal offices, accounting firms, or real estate businesses. The interior features a welcoming main lobby with a reception area complete with granite countertops and comfortable seating. A large window displays the office name, leading to a spacious conference room. Beyond the lobby are four private offices, a copy/communication room, a break room, and two ADA-compliant restrooms. Two additional rooms are equipped with built-in cubicle desks, perfect for individual workspaces or small teams. The exterior showcases a beautiful entrance and decorative metal front door, along with building signage. This property is offered at a new, reduced price of $275,000.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2003
Total area 2,460 SF
Lot 0.24 ac (10,267 SF)
Zoning code CO
APN S4473-00-000-0004-00
UPID US82-5168364

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
  • Insurance Agency

Location

1021 Utah Ave Weslaco, TX 78596-5588
Weslaco metro Census 22704 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2024
Price N/A
2004
Price N/A

Zoning & alternative use

CO · Weslaco, TX

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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