For Sale
$380,000

501 Texas Blvd Weslaco, TX 78596

Profitable Single-Tenant Office in Weslaco, TX

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents a 960-square-foot, single-tenant office building located at 501 Texas Blvd., Weslaco, TX 78596. The property, built in 1993, sits on a 0.25-acre corner lot zoned B-3 Central Business District, offering high visibility and accessibility. Currently 100% occupied by Payment 1 Financial under a modified lease, this building provides a stable income stream with a strong asking price of $380,000. The net rentable area is 960 square feet, translating to a price per square foot of $395.83. The land value alone is $42.24 per square foot. This one-story building is part of a single-building complex and represents a compelling opportunity for investors seeking a turnkey, income-generating asset in a thriving Texas market. The property's location on a busy thoroughfare ensures high traffic volume and excellent exposure. The APN is W3800-00-121-0000-00. This is a reduced price from a previous asking price of $460,000.

Highlights

  • Single-tenant office building, 960 square feet.
  • Located on Texas Blvd., Weslaco, TX, high visibility corner lot.
  • 100% occupied, strong cash flow, asking price $380,000.

Property Details for 501 Texas Blvd

Property type
Office properties
Square Feet
960 SF
Year Built
1993
Buildings
1
Stories
1
Lot Size (sq. ft)
10,890 SF
Units
1

Location Insight

City
Weslaco
County
CAMERON
State
Texas
Latitude
26.166533623279
Longitude
-97.990855167047

FAQs

What type of property is this?
Office property - Profitable Single-Tenant Office in Weslaco, TX
Where is the office property located?
The property is located at 501 Texas Blvd Weslaco, TX.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Single-tenant office building, 960 square feet.; Located on Texas Blvd., Weslaco, TX, high visibility corner lot.; 100% occupied, strong cash flow, asking price $380,000.
How can I contact the broker?
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501 Texas Blvd
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