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    1511 Nolana Loop Pharr, TX 78577

    For Sale
    $579,783

    High-traffic location, excellent visibility.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 1.12-acre commercial lot in Pharr, Texas, presents a unique investment opportunity. Situated at the intersection of East Nolana Loop and North Veterans, this property boasts unparalleled visibility and accessibility, with approximately 33,700 vehicles passing daily. Its dimensions, measuring 150 feet by 350 feet, offer exceptional flexibility for development. The site benefits from its strategic location within a thriving commercial hub, adjacent to a bustling retail plaza anchored by established businesses such as Dollar Tree, Wingstop, Metro by T-Mobile, and 100% Antojitos Mexicanos. Pharr's robust residential growth creates significant demand for retail and quick-service restaurants (QSRs), making this location ideal for a variety of commercial ventures. Easy access to Expressway 281 and Expressway 83 (I-2) further enhances its appeal, providing convenient access for customers and employees. The high density of residential rooftops in the immediate vicinity ensures a substantial customer base. This property offers a rare combination of prime location, high traffic counts, and excellent dimensions, making it an exceptional opportunity for investors seeking a strong return on investment. The asking price is $579,783.

    Property Features for 1511 Nolana Loop

    General Information

    Property type
    Other commercial real estate
    Lot Size
    48,787 SF

    Building Details

    Year Built
    2000
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant 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
    -98.16165
    Latitude
    26.23167

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, excellent visibility.
    Where is this commercial real estate located?
    The property is located at 1511 Nolana Loop Pharr, TX.
    What is the asking price?
    The asking price for this property is $579,783.
    (956) 631-1322
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    1511 Nolana Loop 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
    1511 Nolana Loop Pharr, TX 78577
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