2708 FM 88

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2708 FM 88

weslaco, TX 78596
Asking Price
$1.40M
Asset Type
Retail
Class
Class B

What's Special

2708 FM 88 is located in north Weslaco, Texas, situated along a primary north-south thoroughfare connecting the city to surrounding rural residential areas. The neighborhood is characterized by a mix of light commercial development, established single-family homes, and local agricultural operations. The property is positioned approximately two miles north of the Interstate 2/US Highway 83 interchange, providing straightforward regional access throughout the Rio Grande Valley. Local amenities include nearby public schools, community parks, and neighborhood service providers. This retail asset is suited for businesses requiring high visibility and consistent commuter traffic. Ideal use cases include neighborhood convenience stores, professional service offices, or small-scale retail boutiques. The location supports a tenant profile focused on service-oriented industries such as insurance agencies, beauty salons, or specialty retailers catering to the local submarket. Its proximity to expanding residential sections makes it a viable site for businesses seeking to capture the daily flow of local residents traveling between north Weslaco and the city center.

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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

Location & Travel Times