2300 W Expressway 83 - Weslaco Town Center Pad Site, Lot 3
1.02 Acres of Commercial Land Offered at $756,942 in Weslaco, TX 78596
INVESTMENT HIGHLIGHTS
- Last Available Pad with Interstate 2 Frontage
- Excellent Visibility
- Easy on and off access Interstate 2
- Excellent Restaurant Pad Site or QSR
- Cross Access
- Adjacent tenants include Best Western Hotel, Movies 10, IHOP, Sprint, BBVA Bank, Dollar Tree, Planet Fitness, and Hampton Inn. Build to Suit Available
EXECUTIVE SUMMARY
Pad has 151.48 ft of Expressway 83 Frontage & cross access with the 51 acre development of the Weslaco Town Center. All utilities at site. Excellent QSR Pad Site or sit down restaurant. Entitlements with city available to place adjacent irrigation canal underground allowing access to Milano's Road.
PROPERTY FACTS
| Price | $756,942 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.02 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot 3
| Price | $756,942 |
| Price Per AC | $740,520.22 |
| Lot Size | 1.02 AC |
DESCRIPTION
Last Interstate 2 Frontage Road Pad site of the Weslaco Town Center. This lot has cross access with the adjacent restaurant and sits north of the 63 room Best Western Inn and Suites. The lot is part of the 51 acre Weslaco Town Center which has Cinemark Theaters, IHOP, Sprint, BBVA Bank, Arturo's Bar and Grill, Hampton Inn, Khan's Grill, Ross, Dollar Tree, Melrose, Starbuck's, Buffalo Wild Wings, approximately 63,000 sf of Class A office buildings and additional 21,000 sf of retail shops. 2016 traffic count was 109,061 vehicles per day on I-2.
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PROPERTY TAXES
| Parcel Number | T6355-00-000-0003-00 | Improvements Assessment | $0 |
| Land Assessment | $710,062 | Total Assessment | $710,062 |
ZONING
| Zoning Code | Commercial |
