1400 Westgate DrWeslaco, TX 78599

Property Details for 1400 Westgate Dr

Year built

2000

Lot size

1.18 AC

Property size (Sq ft)

22,691 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

P0040-00-000-0001-00

APU

P004000000000100

Description

This exceptional 900-square-foot commercial space, located at 1400 N Westgate Dr, Weslaco, Texas 78599, presents a fantastic opportunity for a single-tenant business. Situated in Hidalgo County, this property boasts a prime location on a busy street, ensuring high visibility and ample foot and vehicular traffic. The modern, versatile design allows for customization, making it suitable for a variety of uses, including retail shops, boutiques, specialty stores, showrooms, or service businesses. The space features an open floor plan, offering flexibility in layout and design to meet your specific operational needs. Amenities include central HVAC, high-speed internet access, a secure building, clean and modern restroom facilities, and energy-efficient lighting. Ample parking is available for both customers and staff, adding to the convenience and appeal of this location. This single-tenant property is perfect for businesses seeking a well-maintained, easily adaptable space in a thriving Weslaco commercial district. The property is classified as Retail, Office, and Restaurant, but the current offering is specifically for office use. This is a rare opportunity to secure a highly visible and functional space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,066,768

  6.5%

  $4,677,017

  7%

  $4,342,944

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,401,305

  Geo Method

  $12,995,599

• Alternative Use

  Use

  Valuation

  Residential

  $3,945,239

  Hospitality

  $3,613,818

  Educational

  $3,006,654

  Medical

  $3,110,057

  Retail

  $4,677,017

Location Insight

City

Weslaco

County

Hidalgo

State

Texas

Latitude

26.1741

Longitude

-98.0078

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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