1406 Pike Blvd Weslaco, TX 78596
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 1406 Pike Blvd
- Property type
- Commercial real estate
Description
This exceptional commercial land offering in Weslaco, Texas, presents a unique investment opportunity. The 2.964-acre site, zoned C (Commercial), is ideally located at 1406 W Pike Boulevard, boasting convenient access to Westgate Boulevard and Interstate 2/Highway 83. The property features a total of 165 parking spaces, catering to a substantial tenant base. Plans for development include two buildings, each comprising eight units. One building will house eight 1,500 sq ft units, while the other will feature eight 1,600 sq ft units. The total build-out will encompass 24,800 square feet. Each of the smaller units will lease for $26.00 per square foot annually, plus a triple net (NNN) charge of $7.33 per square foot. Similarly, the larger units will also command $26.00 per square foot annually, with the same $7.33 per square foot NNN charge. This brand-new project offers significant potential for investors seeking a high-return commercial development in a rapidly growing area. The property's APN is W380000137000006. This single-tenant property is ready for development and promises strong rental income.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.0043265
- Latitude
- 26.1701745
