1125 James St, Weslaco, TX 78596
- Medical Office Space
- 19,200 SF
- 1.75 lot acres
Current Use by Public Records
- Dr. Rafath Quraishi, MD / Physician
- Weslaco Advanced Medical Imaging / Medical Clinic
- Dr. Aadam Z. Quraishi, MD / Physician
Property Details for 1125 James St
- Year built
- 1992
- Lot size
- 1.75 lot acres
- Zone code
- CO
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- R3750-03-000-000B-00
- APU
- R375003000000B00
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 15, 2005 | — | Rzq LLC | Jnw Property INC | Venders Lien | $1.1M · Jnw Property Hokdings INC |
| Aug 25, 2004 | — | Jnw Property Holdings INC | — | Trustees Deed · related | $300k · Texas State Bank Mcallen |
| — | — | Rzq LLC | — | Deed Of Trust · related | $516k · Compass Bk |
| — | — | Rzq LLC | — | Loan Modification · related | — |
| — | — | Rzq LLC | — | Loan Modification · related | — |
| — | — | Rzq LLC | — | Deed Of Trust · related | $3.3M · Texas State Bank |
Description
This exceptional 19,200 square foot commercial plaza, situated on a generous 1.75-acre lot in the thriving city of Weslaco, Texas, presents a compelling investment opportunity. Currently utilized primarily for medical purposes, its strategic location places it at the heart of the city's burgeoning medical industry. The property boasts a partially leased status, offering immediate income potential and the flexibility to customize the remaining space to suit your specific needs. Financial projections indicate a potential rental income exceeding $30,000 per month, representing a significant return on investment. Priced competitively at under $130 per square foot, this property offers an unparalleled value proposition in a rapidly developing market. The substantial size of the lot provides ample room for expansion or future development, further enhancing its long-term investment potential. This is a rare chance to acquire a high-performing asset in a dynamic and growing area. Don't miss this opportunity to secure a prime piece of Weslaco's commercial real estate landscape. The property's current partial occupancy provides a solid foundation for immediate income generation, while the potential for full occupancy promises substantial future returns. The location within the medical corridor ensures consistent demand and a stable tenant base.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $780,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,477,000
Market price range: $1.01M - $2.81M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.976
- Latitude
- 26.1486
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
