12205 N FM 88, WESLACO, TX 78599
Homes for sale in Weslaco.
Homes for sale in 78599.
List Price$1,600,000
12205 N Fm 88
Weslaco, TX 78599
Listing #507587
14,699
Square Feet
Commercial
Type
About This Property
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!
Property Features
Location Information
County
Hidalgo
Directions
NW Corner of FM 88 & Mile 14 1/2 N
Subdivision
West Tract
Interior Features
Heating
Central
Floors
Other
Cooling
Central Air
Appliances
Electric Water Heater
Exterior Features
Construction
Stucco
Lot Description
Strip Mall
Roof
Clay Tile, Flat
Lot Size in Acres
1.94
Possession
Closing and Funding
Lot Size in Sq. Ft.
84,505
Electric
Separate Electric Meters
Present Use
Business Service, Office, Professional Service, Resta
Parking Description
Paved
Energy Features
Other
Has Garage
Yes
Road Description
Paved Road
Garage Spaces
36
Road Frontage
FM Road
Parking Spaces
46
Additional Information
Property Type
COM
Units in Complex
11
Property SubType
Commercial
Taxes
10820
Year Built
2015
Tax Year
2025
APN
W380000412000003
Square Feet Source
HidalgoCAD
Status
Active
Similar Listings
Mortgage Calculator
$7,471
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$5,765
Monthly Tax
$1,333
Monthly Insurance
$373
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Real Estate IDX Powered by iHomefinder




