Property profile

1416 Expy 83 Weslaco, TX 78599

OFF-MARKET
Turn key restaurants
Property ID
US82-2948696
4,362 SF 0.95 ac lot Built 2002
Entity Owned 9-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2002
Total area 4,362 SF
Lot 0.95 ac (41,417 SF)
Zoning code CO
APN H4225-00-000-0006-00
UPID US82-2948696

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Medical Clinic
  • Physician
  • Restaurant
  • Restaurant Take-out & Catering

Location

1416 Expy 83 Weslaco, TX 78599-4384
Weslaco metro Census 22401 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
$681k
Blend (final) Blend
$560k

Owner & transaction history

since 2016
7 recorded transactions
2016
Price N/A
2012
Price N/A
2012
Price N/A
2009
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CO · Weslaco, TX
Top alternative use upside
Commercial (general) $660,000 +30.1%
Auto repair, garage $580,000 +13.7%
Retail stores $520,000 +2.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1416 Expy 83?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message