12205 N FM 88, WESLACO, TX 78599

Homes for sale in Weslaco.

Homes for sale in 78599.


Status of the property has changed, please contact for details

List Price$1,600,000

12205 N Fm 88

Weslaco, TX 78599

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

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

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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

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