2708 FM 88

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2708 FM 88

Weslaco, TX 78596
Asking Price
$1.40M
Asset Type
Day Care/Nursery Retail
Class
Class B

What's Special

2602 North Texas Boulevard, Weslaco, TX 78599 <ul><li>​<strong>Lots Size 2.31 ±AC</strong></li><li>​<strong>​Land Price: $13.91/SF</strong></li><li>​<strong>​Total Building Size: 9,035 SF</strong></li><li>​<strong>​Building Price: $154.95/SF</strong></li><li>​<strong>Zoned B-2, the property benefits from all B-1 and B-2 permitted uses</strong></li><li>​Traffic Count: <strong>25,576 VPD (N. Texas Blvd)</strong></li><li>​Less than 1 Mile to Interstate 2 (US Expressway 83)</li><li>​Dual Buildings – 6,420 SF commercial + 2,615 SF residential</l

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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234

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