1001 E Expressway 83, Pharr, TX 78577
10,417 SF building suitable for retail, showroom, or flex use.
- Added:
- Feb 9, 2026
- Days on Market:
- 122
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 1001 E Expressway 83
General Information
- Standard status
- Active
- Size
- 10,417 SF
- Property subtype
- Mixed Use, Retail
Building Details
- Year Built
- 2006
Listing agent Daniel Galvan License #582851
Listing office Coldwell Banker Commercial - RGV
Listing date Feb 9, 2026
Source Crexi
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HighLights
- Excellent accessibility and strong visibility just off Interstate 2.
- Suitable for retail, showroom, service‑oriented, or flex commercial uses.
- High‑traffic corridor location.
- Convenient access for local and regional customers.
- Surrounded by established businesses.
- Built in 2006.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $213.8k | $20.52 |
| − Vacancy | −$12.8k | −$1.23 |
| EGI | $200.9k | $19.29 |
| − OpEx | −$60.3k | −$5.79 |
| NOI | $140.7k | $13.50 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pharr
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.167009
- Latitude
- 26.203959
