Weslaco Town Center Lot 9

Vacant Land for Sale
Catylist Listing ID: 152026
Property Subtypes: Office, Retail-Pad, Other
Gross Land Area: 65,236 SF
Sale Price: $521,888
Unit Price: $8 PSF
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Build-to-Suit, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 1/11/2021

Overview / Comments

Lot 9 is located just 360' south of Expressway 83 Frontage road on Town Center Blvd. This lot faces east onto Town Center Blvd. and into the parking lot of Cinemark Movies 10 Theater. There is 347' of frontage on Town Center Blvd. and the lot has a depth of 188'. Excellent site for retail/office development. Weslaco Town Center is a 51-acre development located at the SWC of Expressway 83 and Westgate Drive. It is anchored by Luby's Cafeteria, Cinemark Movies 10 Theater, a 3,000 sq. ft. freestanding Sprint PCS Retail Center, Boots 'N Jeans Western Wear, Compass Bank, and 21,000' of retail shops. Also included in the development is a 100% leased 3-story Class A Office Building along with the 63 room Best Western Inn. Weslaco Town Center is located in the heart of the Rio Grande Valley of Texas just 16 miles from McAllen and 17 miles from Harlingen. The Progreso International Bridge to Mexico is only 9 miles south of Weslaco. Weslaco is also home to the Texas State Armory, USDA Research Center, Texas A & M Extension Servcice, Texas A & M Experiment Station and South Texas Community College. Weslaco is a very energetic and progressive community.

Additional Details

Nearest MSA: McAllen-Edinburg-Mission
County: Hidalgo
Submarket Type: Other
Tax ID/APN: 617927
Property Visibility: Excellent
Feet of Frontage: 347
Available Utilities: Electric, Water, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,959 55,430 100,520
Median Age: 34.24 32.9 29.9
Households: 2,331 16,431 27,986


Photograph of Listing Agent

Randy Summers, CCIM

Davis Equity Realty STCAR CIE Member
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