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Property profile & analytics

1221 Expressway 83 W Weslaco, TX 78596

  • Retail space
  • 2,000 SF
  • 0.60 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US82-7196915
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.

Current Use by Public Records

  • U-Haul Neighborhood Dealer / Car Rental Facility
  • Nitro Equipment Rental & Sales / (Bike/Boat/Book/etc) Store / Rental Equipment Company
  • RGV Welding Supply / Big Box & Wholesale Store / Building Supply
  • A Plus Industrial Supply / Factory / Industrial Manufacturer

Property Details for 1221 Expressway 83 W

Year built
1993
Lot size
0.60 lot acres
Property size
2,000 SF
Zone code
CO
Property type
Retail space
APN
N0235-00-017-0081-00
APU
N023500017008100

Description

This exceptional 26,000 square foot commercial property, located at 1221 W Expressway 83 in Weslaco, Texas, presents a compelling investment opportunity. Built in 1993 and renovated in 2011, this single-story building sits on a prime location along the bustling Expressway 83, offering unparalleled visibility and accessibility. The CO zoning permits a variety of uses, including retail, office, or mixed-use developments. Its strategic location within the thriving Reynosa-McAllen metroplex (population 1.5 million) provides access to a large consumer base and significant economic activity. The property benefits from high daily traffic counts, ensuring maximum exposure for any business. This area is experiencing robust growth, making it an ideal investment for long-term appreciation. The property includes three units and is situated near major national retailers, numerous restaurants, ample healthcare facilities, and a variety of educational institutions. Convenient access to major highways and the proximity to the Reynosa-McAllen metroplex, the South Texas region, and affluent northern Mexican markets further enhance its investment potential. This property offers a unique blend of location, versatility, and growth potential, making it an attractive proposition for discerning investors seeking a strong return on investment in a dynamic market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Weslaco
County
Hidalgo
State
Texas
Longitude
-98.0027
Latitude
26.1722
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
$13,026
$414,700
$94,196
$508,896
-
$414,700
$94,196
$508,896
More about this property
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