Technical
Financial
Distress signals
Property profile

1502 Pike Blvd Weslaco, TX 78596

OFF-MARKET
Other warehouses
Property ID
US82-2953532
60,941 SF 2.53 ac lot Built 2000
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a warehouse and industrial facility totaling 60,941 square feet in the Mid-Rio Grande Valley, constructed in 2000. The building is designed to be subdivided into 42,997 square feet and 17,944 square feet, and includes office areas of approximately 1,444 square feet and 294 square feet. It features pre-engineered metal construction with a metal standing seam roof system installed in 2000, clear heights up to 32 feet, and interior column spacing of 25 feet by 21.5 feet. The truck court depth is approximately 115 feet, and it includes about 26 parking spaces. Loading access consists of 4 dock-high doors and 1 half-high dock door. Fire protection includes a wet-pipe sprinkler system with 3 fire risers. Electrical service is provided by three panels rated at 200 amp, 200 amp, and 225 amp with 110–220 service, and HVAC systems are installed in the office areas only. The site covers 2.53 acres in Weslaco and has visibility from Interstate 2, with proximity to Expressway 83 and convenient access to the Anzalduas International Bridge, McAllen-Hidalgo International Bridge, and Pharr International Bridge.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 2000
Total area 60,941 SF
Lot 2.53 ac (110,355 SF)
Zoning code CO
APN M4505-00-000-001A-00
UPID US82-2953532

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
  • Roofing Company General Contractor
  • Carpet & Flooring Store Hardware & Home Improvement

Location

1502 Pike Blvd Weslaco, TX 78596-4601
Weslaco metro Census 22401 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.59M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.25M
Blend (final) Blend
$1.59M

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2021
Price N/A
2017
Price N/A
2017
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CO · Weslaco, TX

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
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