1321 Ricardo St Weslaco, TX 78599
This exceptional 8,100 square foot strip center, situated on a 0.63-acre lot at 1321 Ricardo Street in Weslaco, Texas, presents a compelling investment opportunity. Boasting excellent visibility and accessibility from the expressway, this property benefits from high traffic counts and strong brand recognition potential. Currently generating income from fully leased units, this center offers a stable and attractive return on investment. Each unit features a well-maintained storefront, ensuring a professional and appealing appearance for tenants and customers alike. The property's prime location within Weslaco, combined with its excellent condition and consistent rental income, makes it an ideal acquisition for investors seeking a stable, high-performing commercial asset. The property's size and configuration are well-suited for a variety of commercial uses, providing flexibility and potential for future growth. The strong tenant occupancy and consistent rental income stream provide a secure and predictable cash flow, making this a low-risk, high-reward investment opportunity. This is a rare chance to acquire a well-established, income-producing commercial property in a thriving Texas market. Serious inquiries are encouraged.
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
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.