Property profile

2413 18th St Weslaco, TX 78596

OFF-MARKET
Turn key restaurants
Property ID
US82-5325357
1,200 SF 1.77 ac lot Built 2016
Individually Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 2413 E 18th Street in Weslaco, Texas, presents a unique investment opportunity. Spanning 1.77 acres, the property boasts a 1,200 square foot main building ideally suited for restaurant operations. The existing setup includes all necessary kitchen equipment, tables, and chairs, ensuring a seamless transition for a new owner. Beyond the main building, the expansive lot features additional structures perfect for hosting social events, expanding the potential revenue streams. This turnkey operation eliminates the need for extensive renovations or equipment purchases, allowing for immediate commencement of business. The property's prime location in Weslaco offers excellent visibility and accessibility, making it an attractive destination for both locals and tourists. The asking price for this fully equipped and versatile commercial property is $500,000. This represents a significant opportunity to acquire a well-established business with considerable growth potential. Serious inquiries are encouraged to explore this exceptional offering further. All existing equipment and furnishings are included in the sale. The property is ready for immediate occupancy and operation.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2016
Total area 1,200 SF
Lot 1.77 ac (77,101 SF)
APN W3800-00-706-0000-00
UPID US82-5325357

Cap rate & NOI

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

Location

2413 18th St Weslaco, TX 78596-8544
Weslaco metro Census 22704 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2016
Price N/A

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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