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Property profile & analytics
OFF-MARKET Estimated value $4,275,000
Strip malls

1025 Texas Blvd Weslaco, TX 78596-4510

106,146 SF 13.25 ac lot Built 1985
Entity Owned Absentee Owner Free & Clear
Property ID
US82-4065445
Property summary
AI-generated overview

Weslaco Palm Plaza offers 190,000 square feet of retail space in a prime Hidalgo County location. Currently, 50,000 square feet is available for lease in this multi-tenant shopping center. The property boasts excellent visibility and accessibility along US Highway 83, a major artery connecting markets throughout the Rio Grande Valley. This high-traffic area sees a combined daily vehicle count of 161,453. The center benefits from its strategic location, situated halfway between McAllen and Harlingen, both of which have international airports. Strong demographics support the property, with over 112,000 residents within a 10-minute drive. The surrounding area is experiencing explosive growth, with Hidalgo, Cameron, and Starr counties among the fastest-growing in the USA, contributing to a total MSA population exceeding 2,670,000. Weslaco Palm Plaza enjoys a desirable infill location in a healthy trade area, benefiting from both regional and international traffic. The property is anchored by prominent retailers including H-E-B, Walmart, Academy, and Lowe's. Planned contemporary upgrades will include high ceilings and attractive storefront facades. The site features creative planning with curb appeal, including attractive landscaping and ample parking. Pad sites and outparcels are also available. This opportunity provides inviting highway frontage, excellent access, and unparalleled visibility.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Total area 106,146 SF
Lot 13.25 ac (577,113 SF)
APN W3800-00-120-0000-01
UPID US82-4065445
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
Current use
Occupant on record · Public records
  • McDonald's Restaurant Take-out & Catering
  • Jones & Crane, Attorneys Law Firm
  • Natural Health Ever Life Physician Alternative Medicine Practice
  • BoxDrop Weslaco Furniture & Home Goods
  • Avon Recruiting and Sales Office (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.28M
Owner & transaction history
WESLACO PALM PLAZA LLC
WESLACO PALM PLAZA LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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