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    231 E Park Ave Pharr, TX 78577

    For Sale
    $190,000

    Commercial - Pharr, TX

    Property size:
    8,333 SF
    Lot size:
    0.12 Acres
    Days on Market:
    82
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 231 E Park Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    L42500000A001700
    Parking
    6
    Parking features
    Paved or Surfaced
    Size
    8,333 SF
    Lot size
    0.12 Acres

    Building Details

    Year built
    1990
    Architectural style
    Other

    RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV (956) 566-8377 [email protected]

    Listing agent Maggie Harris (956) 928-1155

    Listing date Sep 17, 2025

    MLS# 481110 Listing URL

    Copyright © 2025 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Two-Story Building in Pharr

    Located in Pharr, Texas, this two-story building presents an investment opportunity due to its location near the expressway, downtown area, and local amenities. The building features 12 rooms, including suites, offices, and dining areas, providing a versatile layout. The structure requires significant renovation. With restoration, the property could be transformed to attract tourists, event planners, or tenants, or repurposed into apartments, condominiums, or mixed-use commercial space, subject to zoning approval. The property offers potential for returns on investment. The lot size is 0.124 acres. The property size is 8333 square feet. Buyers are encouraged to perform their due diligence with the City of Pharr regarding zoning and current regulations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.181495
    Latitude
    26.19396

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    FAQs

    What type of property is this?
    Investment property - Two-story building in Pharr, TX, offering versatile layout.
    Where is this investment property located?
    The property is located at 231 E Park Ave Pharr, TX.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: - Prime location in Pharr, TX, near the expressway, downtown, and local amenities.; - Versatile two-story building with 12 rooms including suites, offices, and dining areas.; - Significant renovation opportunity to customize the property.
    (956) 928-1155
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    231 E Park Ave Pharr, TX 78577
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