1110 Expy 83 Weslaco, TX 78599-4337
This exceptional commercial property in Weslaco, Texas, presents a remarkable investment opportunity. Boasting a prime corner lot location with 125 feet of frontage on Expressway 83 (I-2) frontage road, between Texas Blvd and Westgate Dr, this high-visibility site benefits from consistent heavy traffic. The 1.54-acre lot (comprising two parcels, 342365 & 536788, each slightly over 0.75 acres) has served as a successful independent car dealership since 1992, demonstrating its enduring appeal and suitability for various commercial ventures. The property includes two office buildings totaling approximately 1126 square feet and a substantial metal building of approximately 2250 square feet, offering ample space for diverse business needs. Surrounded by other thriving retail businesses, this location ensures consistent customer flow and excellent brand exposure. The property's versatility makes it suitable for a wide range of uses, including retail, restaurants, or continued operation as a car dealership. The seller is open to a lease-back arrangement, providing flexibility for potential buyers. This is a rare opportunity to acquire a well-established, high-traffic commercial property in a thriving Weslaco location. The total building square footage is 2,826 square feet.
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Expressway Motors Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.