Office Space in Heart of Texas Rio Grande Valley
Former IDEA Public Schools HQ
Marketing description
The subject property is located along the north side of Angelita Drive, just north of Highway 83/Interstate 2, out of the RGV Professional Center Condominiums, in Weslaco, Hidalgo County, Texas. 505 Angelita Dr, Suites 8-11, Building B is further identified as tax parcel numbers 713923, 713924, 713925, 713926. The subject property includes an approximate 1.001-acre, or 43,604-squarefoot, tract of land which is improved with a commercial/office condominium complex. The available site includes four condominium units out of the complex and a 16.84% interest in the common elements. The improvements include approximately 13,640 square feet of gross building area. The complex was constructed circa 2005 with the units being recently renovated and in overall good condition. The subject property is the former IDEA Public Schools Headquarters.
Investment highlights
− Gross Building Area: 13,640 SF
+ Suite 8: 3,410 SF
+ Suite 9: 3,410 SF
+ Suite 10: 3,410 SF
+ Suite 11: 3,410 SF
− Land Area: 1.001 AC
− Occupancy: Vacant
− Year Built: 2005
− Parking: Surface
−Parking Ratio: 3.20/1,000 SF
−Zoning: Secondary & Highway District (B-2)
−Jurisdiction: City of Weslaco
−Traffic Counts: 65,173 (AADT 2022)
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