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    1110 Expressway 83 W Weslaco, TX 78599
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    1110 Expressway 83 W, Weslaco, TX 78599

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    • Automotive properties
    • 3,222 SF
    • 0.77 lot acres
    Weslaco Corner Lot Opportunity For Sale
    $1,000,000
    2,826 SF

    Weslaco Corner Lot Opportunity

    High-traffic corner lot with frontage road access and business potential.

    1110 W Expressway 83, Weslaco, TX 78599
    View Listing
    Property ID
    US82-4682800
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Expressway Motors / Car Dealership

    Property Details for 1110 Expressway 83 W

    Year built
    1994
    Lot size
    0.77 lot acres
    Property type
    Automotive properties
    APN
    C2678-01-000-0003-00
    APU
    C267801000000300

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 31, 2020 — Expressway 83 Auto Brokers INC — Deed · related $300k · Texas Reg'l Bk
    May 14, 2020 — Expressway 83 Auto Brokers INC — Deed · related $300k · Texas Reg'l Bk
    May 22, 2019 — Duane L Looka — Deed · related $150k · Texas Reg'l Bk
    Aug 17, 2018 — Expressway 83 Auto Brokers INC — Deed · related $500k · Texas Reg'l Bk
    Aug 8, 2017 — Expressway 83 Auto Brokersinc — Deed · related $300k · Texas Reg'l Bk
    Jun 20, 2017 — Expressway 83 Auto Brokers INC — Deed · related —
    Feb 3, 2017 — Eduardo Lara — Deed · related $520k · First Nat'l Bk/south Padre Isl
    Aug 4, 2016 — Expressway 83 Auto Brokers INC — Deed · related $534k · Texas Reg'l Bk
    Jun 22, 2016 — Expressway 83 Auto Brokers INC — Deed · related $500k · Texas Reg'l Bk
    Apr 10, 2012 — Looka,duane L & Michelle M — Deed Of Trust · related $300k · Texas Reg'l Bk
    Jun 14, 2011 — Duane L Looka — Trustees Deed · related $150k · Texas Regional Bank
    Aug 20, 2010 — Duane L Looka — Trustees Deed · related —
    Feb 16, 2010 — Duane L Looka — Trustees Deed · related —
    Sep 22, 2009 — Duane L Looka — Trustees Deed · related —
    May 7, 2009 — Duane L Looka — Trustees Deed · related —
    Sep 6, 2007 — Expressway Motors — Trustees Deed · related $500k · Texas State Bank
    Sep 14, 2006 — Expressway Motors — Trustees Deed · related $500k · Texas State Bank
    Nov 1, 2005 — Expressway Motors — Trustees Deed · related $500k · Texas State Bank
    Dec 10, 2004 — Duane L Looka — Trustees Deed · related $400k · Texas State Bank Mcallen
    — — Expressway 83 Auto Brokers INC — Loan Modification · related $534k · Texas Reg'l Bk
    — — Expressway 83 Auto Brokers INC — Loan Modification · related $300k · Texas Reg'l Bk
    — — Duane L Looka — Deed Of Trust · related —
    — — Expressway Motors — Deed Of Trust · related $500k · Texas State Bank
    — — Duane Looka — Deed Of Trust · related $416k · Compass Bank
    — — Expressway 83 Auto Brokers INC — Loan Modification · related $300k · Texas Reg'l Bk
    — — Expressway 83 Auto Brokers INC — Loan Modification · related $300k · Texas Reg'l Bk
    — — Expressway 83 Auto Brokers INC — Loan Modification, Consolidation And Extension · related $500k · Texas Reg'l Bk
    — — Eduardo Lara — Deed Of Trust · related $520k · First Nat'l Bk/south Padre Isl
    — — Expressway 83 Auto Brokersinc — Loan Modification · related $300k · Texas Reg'l Bk
    — — Expressway 83 Auto Brokers INC — Loan Modification · related —
    — — Looka,duane L & Michelle M — Deed Of Trust · related $534k · Texas Regional Bank
    — — Expressway 83 Auto Brokers INC — Loan Modification · related $500k · Texas Reg'l Bk
    — — Duane L Looka — Deed Of Trust · related $150k · Texas Reg'l Bk
    — — Expressway 83 Auto Brokers INC — Loan Modification · related $300k · Texas Reg'l Bk
    — — Expressway 83 Auto Brokers INC — Loan Modification · related $300k · Texas Regional Bank
    — — Expressway 83 Auto Brokers INC — Loan Modification · related $300k · Texas Regional Bank
    — — Expressway 83 Auto Brokers INC — Loan Modification · related $500k · Texas Reg'l Bk
    — — Duane L Looka — Deed Of Trust · related $39k · Texas Regional Bank
    — — Expressway 83 Auto Brokers INC — Loan Modification · related $300k · Texas Reg'l Bk

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $420,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $600,000
      Market price range: $237k - $600k
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $425,000
      Current use
      OFFICE BUILDING
      $760,000
      Change: +78% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $490,000
      Change: +14% Conversion: Moderate
      RETAIL STORES
      $385,000
      Change: -10% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.0017
    Latitude
    26.1736
    CBSA code
    32580
    CBSA name
    MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $14,392
    $535,479
    $26,786
    $562,265
    -
    $535,479
    $26,786
    $562,265
    View Listing
    More about this property
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