2602 N Texas Blvd
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2602 N Texas Blvd
6,420 SF Vacant Retail Building Weslaco, TX 78599 $1,650,000 ($257/SF)
Investment Highlights
- Access to main road traffic!
- Full residence (2nd building) located on the property.
- Includes excess land to build additional properties.
- Diverse building that can be used for a variety of businesses.
Executive Summary
Dynamic owner-user or value-add investment opportunity for an exceptionally equipped asset fit with diversified uses in a booming submarket. Located in the center, of what is known as, the Rio Grande Valley of Texas; this vacant building sits on a highly trafficked street, .8 miles from US Expressway 83, surrounded by established and new businesses in retail, restaurant, office, and service sectors. BUILDING HAS HAD A NEW ROOF AND NEW A/C UNITS placed within the past 36 months.
This stand alone classic stucco building has over 6400+ square feet situated on a 2.31 acre parcel of land with over 75 parking spaces, including mature trees, a separate residence (home), and main street frontage. A former funeral home, the space has been an integral part of compassionate care for the City of Weslaco Texas community for over 40 years.
This stand alone classic stucco building has over 6400+ square feet situated on a 2.31 acre parcel of land with over 75 parking spaces, including mature trees, a separate residence (home), and main street frontage. A former funeral home, the space has been an integral part of compassionate care for the City of Weslaco Texas community for over 40 years.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Funeral Home
Building Size
6,420 SF
Building Class
C
Year Built/Renovated
1984/2015
Price
$1,650,000
Price Per SF
$257
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.06
Lot Size
2.31 AC
Zoning
Commercial - Was a former funeral home with 75 parking spaces. Property is over 2 acres and can be converted to an office or retail space.
Parking
75 Spaces (11.68 Spaces per 1,000 SF Leased)
Frontage
339 FT on North Texas Boulevard
Amenities
- Corner Lot
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | W3800-00-107-0000-02 | Improvements Assessment | $164,931 |
| Land Assessment | $413,820 | Total Assessment | $578,751 |
PROPERTY TAXES
Parcel Number
W3800-00-107-0000-02
Land Assessment
$413,820
Improvements Assessment
$164,931
Total Assessment
$578,751
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2602 N Texas Blvd
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