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Property profile & analytics
OFF-MARKET
Strip malls

1321 Ricardo St Weslaco, TX 78599

8,343 SF 0.63 ac lot Built 2007
Individually Owned 19-yr Hold ~ Est. High Equity
Property ID
US82-5992164
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Total area 8,343 SF
Lot 0.63 ac (27,517 SF)
APN F4200-00-000-0015-00
UPID US82-5992164
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Maria Buentello · 19 yrs held
Maria Buentello
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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