1.15 Acres

Vacant Land for Sale
Catylist Listing ID: 152019
Property Subtypes: Retail, Retail-Pad, Other
Gross Land Area: 1.15 Acres
Sale Price: $601,128
Unit Price: $522,720 Per Acre
Sale Terms: Cash to Seller, Build-to-Suit, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 9/11/2017

Overview / Comments

This 1.15 acre site is located at the NW corner of Texas Blvd. & 18th Street in Weslaco, Texas. Both streets are major corridors for traffic. This site is totally surrounded by housetops and is the first available site for development south of Business Highway 83. Only remaining pad-site on a newly developed Wal-Mart Neighborhood development. Weslaco, Texas is the heart of the Rio Grande Valley and is a fast growing and energetic community. It is home to many retail and restaurant chains as well as the H.E.B. Grocery distribution center for the South and Mexico. Weslaco is located mid-way between McAllen and Harlingen, Texas and also has the Progreso International Bridge entry into Mexico within approximately 7 miles to the south. With its winter visitor population and the proxmity to Mexico it is an excellent location.

Additional Details

Nearest MSA: McAllen-Edinburg-Mission
County: Hidalgo
Submarket Type: Other
Zoning: RESIDENTIAL
Property Visibility: Good
Available Utilities: Electric, Water, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,957 50,253 92,768
Median Age: 38.07 33.44 30.56
Households: 3,849 15,259 26,426

Contact

Photograph of Listing Agent

Randy Summers, CCIM

Davis Equity Realty STCAR CIE Member
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