Commercial Warehouse
New
For Sale
$215,000
000 N Sugar Road, Pharr, TX 78577
Commercial parcel along Sugar Road in Pharr with a warehouse use designation.
Property Size1,440 SF
Lot Size0.50 Acres
Days on Market3
Property Features for 000 N Sugar Road
General Information
Standard status
Active
Size
1,440 SF
Lot size
0.50 Acres
Property subtype
Commercial
Zoning
commercial
Additional Details
Land Use
commercial
Taxes and HOA fees
Annual Taxes
$4,127
Building Details
Building Size
1,440 SF
Year Built
1980
Listing Agency:
Keller Williams Realty RGV
Listed By:
Lisa Salinas
(956) 566-8377
Source:
Primeluxuryrealestate
Added: Sep 6
Last Checked: Sep 7 at 7:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty RGV
Investment Insights
Based on property information with market context.
This commercial warehouse property encompasses approximately one-half acre along N Sugar Road in Pharr, Texas. The site carries a commercial zoning designation and is identified with a 1980 year built, providing a defined commercial property profile for users evaluating warehouse-related operations or future facility plans.
The property is located at 000 N Sugar Road, Pharr, TX 78577. Its classification as a warehouse property and commercial land supports consideration for storage, distribution, logistics, and service-oriented business applications, subject to applicable approvals and site requirements.
The property is located at 000 N Sugar Road, Pharr, TX 78577. Its classification as a warehouse property and commercial land supports consideration for storage, distribution, logistics, and service-oriented business applications, subject to applicable approvals and site requirements.
Key Highlights
- Approximately 0.5 acres on N Sugar Road in Pharr
- Warehouse property classification
- Commercial zoning designation
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$9,201
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$184,020
$184.0K
Cap Rate 7%
$131,443
$131.4K
Cap Rate 9%
$102,233
$102.2K
Market Conditions
NOI Build-Up for 1,440 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$11.6K $8.04/SF
− Vacancy
−$753 −$0.52/SF
EGI
$10.8K $7.52/SF
− OpEx
−$1.6K −$1.13/SF
NOI
$9.2K $6.39/SF
Area
Hidalgo County, TX
Vacancy
6.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$184,020
Cap Rate 7%
$131,443
Cap Rate 9%
$102,233
Alternative Uses
Best Use
Warehouse
$131.4K
$115.0K – $153.4K
NOI $9,201 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.08M
$949.1K – $1.27M
NOI $75,924 @ 7.0% cap · market cap 35.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78577, TX
79,937
Population
26,568
Households
3
Avg Household Size
30
Median Age
18%
College-Educated
70%
High-School Grad
26.0 sq mi
ZIP Area
3,075
Density / Sq Mi
$49,768
Median Household Income
$28,186
Median Earnings
$988
Median Rent
$111,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- PODS Moving & Storage — 615 Blaze Blvd, Edinburg, TX 78539
Frequently Asked Questions
What type of property is this?
Warehouse - Commercial parcel along Sugar Road in Pharr with a warehouse use designation.
Where is this warehouse located?
The property is located at 000 N Sugar Road Pharr, TX.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Approximately 0.5 acres on N Sugar Road in Pharr; Warehouse property classification; Commercial zoning designation
