1125 James St Weslaco, TX 78596
- Medical offices
- 19,200 SF
- 1.75 lot acres
Current Use by Public Records
- Dr. Rafath Quraishi, MD / Radiologist / Pain Management Physician
- Weslaco Advanced Medical Imaging / Medical Diagnostic Imaging Center / Doctor
- Dr. Aadam Z. Quraishi, MD / Doctor
Property Details for 1125 James St
- Year built
- 1992
- Lot size
- 1.75 lot acres
- Property size
- 19,200 SF
- Zone code
- CO
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- R3750-03-000-000B-00
- APU
- R375003000000B00
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 Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $780,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $765,000
- 6.5%
- $805,000
- 7%
- $775,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $865,000
- Geo Method
- $895,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $695,000
- Retail
- $920,000
- Mixed-Use
- $750,000
- Hospitality
- $755,000
- Educational
- $760,000
- Residential Income
- $800,000
- Energy
- $735,000
- Income-Based Land
- $800,000
- Food Service
- $895,000
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
