12205 N Fm 88, Weslaco, TX 78599

$1,600,000
14,699
SqFt

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List Price
$1,600,000
Status
OPTION
MLS#
507587
Living Area
14,699
Lot Size (Acres)
1.94
Year Built
2015

Property Description

Prime Investment Opportunity in the Growing Weslaco/Elsa Corridor! This well-maintained strip center offers a diverse tenant mix including office, restaurant, drive-thru, and retail spaces. Built in 2015, the property consists of approximately 14,699 square feet of leasable space and features 36 on-site parking spaces. Strategically positioned on FM 88 at Mile 14 ½ N, the center benefits from excellent visibility and convenient access from both Weslaco and Elsa, serving a rapidly growing trade area. According to 2024 TxDOT data, the location has an average daily traffic count of approximately 13,369 vehicles, providing strong exposure for tenants. Offered at a price reflecting an attractive above 9% cap rate, this income-producing asset presents an exceptional opportunity for investors seeking strong cash flow and a stabilized commercial property in one of the Rio Grande Valley's expanding markets. Call today for more info!

Additional Information

Area
Weslaco
Subdivision
West Tract
Stories
2
Garage Spaces
36
Heating
Central

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Calculator source: Real Geeks

Listing courtesy of Exp Realty Llc.