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623 S International Blvd 7,488 SF 100% Leased Office Building Weslaco, TX 78596 $992,000 ($132.48/SF)
INVESTMENT HIGHLIGHTS
- Income producing property
- 6,814 sf of covered parking/garages
- 7,488 sf office building
- Leased until June 2024
EXECUTIVE SUMMARY
This site is conveniently located between Business 83 and Interstate 2 on Bill Summers International Blvd which is the main thoroughfare to the Progreso International Bridge with Mexico (8 miles). Weslaco Mid Valley Regional Airport is located 3 miles to the north.
Currently Income Producing property located on Bill Summers International Blvd in Weslaco, Texas. Property has a 7,488 sf office building and 6,814 sf of covered parking/garages. Paved parking and secure gate/fence enhance this site. Buyer can take advantage of income as property is leased until June 2024. Property has always been leased to a government entity/contractor.
Currently Income Producing property located on Bill Summers International Blvd in Weslaco, Texas. Property has a 7,488 sf office building and 6,814 sf of covered parking/garages. Paved parking and secure gate/fence enhance this site. Buyer can take advantage of income as property is leased until June 2024. Property has always been leased to a government entity/contractor.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
7,488 SF
Building Class
C
Year Built
1988
Price
$992,000
Price Per SF
$132.48
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,488 SF
Building FAR
0.09
Lot Size
2.01 AC
Zoning
RS
Parking
32 Spaces (4.27 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | B3660-00-000-0002-00 | Improvements Assessment | $581,650 |
| Land Assessment | $283,686 | Total Assessment | $865,336 |
PROPERTY TAXES
Parcel Number
B3660-00-000-0002-00
Land Assessment
$283,686
Improvements Assessment
$581,650
Total Assessment
$865,336
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623 S International Blvd
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