184 ACR -Weslaco Development Opportunity
$6,467,300
5599 Military Highway, Mercedes, TX 78570
1 sqft
Building Size
184.78 acres
Lot Area
Details:
Description:
Prime Development Opportunity on Military Hwy, Weslaco, Texas Location: Situated along the high-traffic Military Highway (U.S. Route 281) in Weslaco, Texas, this property offers a strategic position near the U.S.-Mexico border. Progreso is a growing community known for its proximity to international trade routes, making this location ideal for commercial, retail, or mixed-use development. Size: 184.78 of undeveloped land, offering ample space for a variety of potential uses including retail centers, restaurants, warehouses, or residential projects. Zoning: Agriculture. This versatile zoning allows for flexible development options that cater to both business and community needs. Accessibility: The property boasts direct access to Military Hwy, one of the region’s main transportation corridors. This location ensures high visibility and easy access for potential customers, suppliers, and tenants. It is only [insert distance] from the Progreso International Bridge, a key entry point for cross-border traffic, making it highly suitable for businesses reliant on international trade. Utilities: Essential utilities such as water, and electricity are nearby, ready to support new infrastructure and development needs. Nearby Attractions: The property is near downtown Progreso, schools, parks, and other key community hubs, offering both local and cross-border traffic opportunities. This area has seen recent growth due to its strategic location, further enhancing the value of development here.
Weslaco, Texas, located in the Rio Grande Valley of South Texas, is a mid-sized city with a population of around 40,000 people. It sits near the U.S.-Mexico border and is about 15 miles from McAllen and about an hour's drive from South Padre Island on the Gulf of Mexico. The city is part of the larger McAllen-Edinburg-Mission metropolitan area, one of the fastest-growing regions in the state. Its subtropical climate, proximity to Mexico, and central location in the Valley make it an attractive place for commerce, agriculture, and tourism. Development Potential of Weslaco Economic Development and Commerce: Retail and Commercial Growth: As the Rio Grande Valley continues to grow, Weslaco has seen an increase in retail and commercial development. The city’s location between larger cities like McAllen and Harlingen makes it a natural stopping point for residents across the Valley. The rise of shopping centers and dining establishments has attracted both locals and visitors. Logistics and Distribution: The city’s access to highways and proximity to the border makes it an ideal location for logistics and warehousing operations. Companies looking to capitalize on U.S.-Mexico trade can benefit from its strategic location. As international trade with Mexico increases, Weslaco could become a hub for import/export operations. Agribusiness and Agro-Tech: Modern Agriculture: Given its agricultural roots, Weslaco is ripe for investment in agribusiness and agro-tech. Emerging technologies in irrigation, crop management, and sustainable farming could be introduced to the region, enhancing productivity and positioning the city as a leader in agricultural innovation. Citrus Industry: The Texas A&M AgriLife Research and Extension Center located in Weslaco works on citrus research and innovations in the agricultural sector, offering the potential to attract further agribusinesses and partnerships.
Potential Uses: Retail complexes or strip malls Warehousing and logistics facilities Residential subdivisions or apartment complexes Restaurants and service stations Medical offices or community centers Investment Potential: With Progreso’s growth in population and importance in international trade, this property offers a high-return opportunity for developers looking to invest in a region with both local and cross-border appeal.
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