High-Visibility Commercial Building For
1001 E Interstate 2, Pharr, TX 78577
10,417 SF building suitable for retail, showroom, or flex use.
Type:Retail
Property size:
10,417 SFPrice / SF:
$211/SF- Added:
- Mar 5, 2026
- Days on Market:
- 72
- Last Refresh:
- Apr 5 at 8:39 pm
Property Features for 1001 E Interstate 2
General Information
- Standard status
- Active
- Size
- 10,417 SF
- Property subtype
- Retail
Listing agent Daniel Galvan License #561680
Listing office Coldwell Banker Commercial | Rio Grande Valley (956) 631-1322
Listing date Mar 5, 2026
Source Cbcworldwide
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 Coldwell Banker Commercial | Rio Grande Valley
HighLights
- Excellent accessibility due to its location just off Interstate 2.
- High visibility in a high‑traffic corridor.
- Suitable for retail, showroom, service‑oriented, or flex commercial use.
- Convenient access for local and regional customers.
- Strong exposure due to surrounding established businesses.
- Well‑positioned commercial location.
Overview
This approximately 10,417 square foot building is strategically located just off Interstate 2, providing excellent accessibility and strong visibility within a high-traffic corridor. The property is well-suited for retail, showroom, service-oriented, or flex commercial use, benefiting from convenient access for both local and regional customers. Surrounded by established businesses and steady vehicle flow, the site presents strong exposure and accessibility, making it an ideal opportunity for users seeking a well-positioned commercial location.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$1.56M
NOI $140,652 @ 9.00% cap · cautious / downside scenario
Moderate
$2.01M
NOI $140,652 @ 7.00% cap · market / base-case scenario
Aggressive
$2.81M
NOI $140,652 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| 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 |
10,417 SF · lease $20.52/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$2.01M
$1.76M – $2.34M
NOI $140,652 @ 7.0% cap · market cap 6.39%
Second Best
Industrial
$783.1K
$685.2K – $913.6K
NOI $54,816 @ 7.0% cap · market cap 2.49%
Theoretical Best
Hotel Hospitality
$7.85M
$6.87M – $9.15M
NOI $549,236 @ 7.0% cap · market cap 24.97%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Showrooms
Location Insight
- Map
- Local Demand
- City
- Pharr
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.171415
- Latitude
- 26.206197
Nearby Similar for Sale
FAQs
What type of property is this?
Retail property - 10,417 SF building suitable for retail, showroom, or flex use.
Where is this retail property located?
The property is located at 1001 E Interstate 2 Pharr, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Excellent accessibility due to its location just off Interstate 2.; High visibility in a high‑traffic corridor.; Suitable for retail, showroom, service‑oriented, or flex commercial use.
