0 Business Hwy 83Weslaco, TX 78596

For Sale
$3,880,000
50 Acres, Prime Development Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 50.05-acre commercial land parcel presents a remarkable investment opportunity in Weslaco, Texas. Strategically located on Business Hwy 83 E, just east of Mile 1 and south of Interstate 2, this property boasts unparalleled accessibility and visibility. Its proximity to the Iron Horse Railroad adds significant logistical advantages. Currently outside city limits, annexation is highly probable upon development, unlocking further potential. The site's expansive acreage allows for a diverse range of development options, including a mixed-use project combining residential and commercial components. With an estimated capacity for 180+ single-family homes, plus space for multi-family dwellings and commercial buildings, this land offers substantial scalability. The asking price is $3,880,000, translating to $77,522 per acre. Its location between Harlingen/San Benito and McAllen/Pharr, coupled with its proximity to Interstate 2 and the Mercedes Outlet Mall, ensures high traffic flow and strong market demand. Furthermore, its convenient access to VIA and McAllen International Airports enhances its appeal for both residential and commercial ventures. This is a rare chance to acquire a large, well-positioned tract of land with significant future growth potential in a thriving Texas market. The zip code is 78596, and the property is situated in Hidalgo County.

Highlights

  • 50.05-acre commercial land parcel in Weslaco, TX, on Business Hwy 83 E, near I-2.
  • High visibility and accessibility due to location on Business Hwy 83 E, east of Mile 1 and south of I-2.
  • Proximity to Mercedes Outlet Mall drives high traffic and demand.
  • Convenient access to VIA and McAllen International Airports.

Property Details for 0 Business Hwy 83

Property type
Land
Lot Size (sq. ft)
2,180,178 SF

Location Insight

City
Weslaco
County
Hidalgo
State
Texas
Latitude
26.1558067
Longitude
-97.9701852
Business Hwy 83, Weslaco, Texas

FAQs

What type of property is this?
Land - 50 Acres, Prime Development Opportunity
Where is the land located?
The property is located at Business Hwy 83 Weslaco, TX.
What is the asking price?
The asking price for this property is $3,880,000.
What are key features of this property?
This property features: 50.05-acre commercial land parcel in Weslaco, TX, on Business Hwy 83 E, near I-2.; High visibility and accessibility due to location on Business Hwy 83 E, east of Mile 1 and south of I-2.; Proximity to Mercedes Outlet Mall drives high traffic and demand.
How can I contact the broker?
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0 Business Hwy 83
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