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    703 W Ferguson St Pharr, TX 78577

    Pending
    For Sale
    $525,000

    Commercial - Pharr, TX

    Lot size:
    2.17 Acres
    Days on Market:
    647
    Last Refresh:
    Dec 10 at 8:06 pm

    Property Features for 703 W Ferguson St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    K240000000015403
    Lot size
    2.17 Acres

    Building Details

    Architectural style
    Other

    RE/MAX elite (956) 330-3674 [email protected]

    Listing agent Norma Hinojosa (956) 583-2100

    Listing date Mar 4, 2024

    MLS# 389629 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

    Pharr, TX Commercial Opportunity

    This commercial lot, previously utilized as a restaurant, presents a significant opportunity for commercial income generation. The property is located in Pharr, Texas, within Hidalgo County. The lot encompasses 2.17 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.189517
    Latitude
    26.212346

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    FAQs

    What type of property is this?
    Retail property - Commercial lot with potential for income generation, formerly a restaurant.
    Where is this retail property located?
    The property is located at 703 W Ferguson St Pharr, TX.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - Great potential for commercial income.; - Previously used as a restaurant.; - Represents a great opportunity.
    (956) 583-2100
    Request Owner's contact information
    703 W Ferguson St Pharr, TX 78577
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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
    703 W Ferguson St Pharr, TX 78577
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