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    1617 Polk Ave Pharr, TX 78577

    For Sale
    $1,695,000

    High-traffic location, established BBQ restaurant, 4,840 sq ft.

    Property size:
    4,840 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 4,840 square foot free-standing commercial property, built in 2018, presents a unique investment opportunity in Pharr, Texas. Currently operating as a successful BBQ restaurant and beer garden, the property boasts a prime location adjacent to Cinemark and the Pharr Town Centre, ensuring high visibility and foot traffic. The building features a spacious 1,295 square foot outdoor patio ideal for al fresco dining, enhancing the overall dining experience. A dedicated 675 square foot smoker/pit area is included, a key asset for any BBQ establishment. Further adding to its convenience, the property includes a drive-thru for efficient customer service. The restaurant is fully equipped and ready for immediate operation, offering a true turnkey solution for a new owner. Situated on a 1.29-acre lot, the property enjoys excellent accessibility, positioned east of the intersection of North Jackson Road and Polk Avenue, with easy access to Business Highway 83 and Interstate 2. The surrounding area boasts a substantial population base, with 110,444 residents within a 3-mile radius, providing a strong customer base for any business. This presents a rare chance to acquire a well-established and profitable business in a highly desirable location. The property is priced at $1,695,000.

    Property Features for 1617 Polk Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,840 SF
    Lot Size
    56,192 SF

    Building Details

    Year Built
    2018
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop 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
    -98.20185
    Latitude
    26.20647

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, established BBQ restaurant, 4,840 sq ft.
    Where is this commercial real estate located?
    The property is located at 1617 Polk Ave Pharr, TX.
    What is the asking price?
    The asking price for this property is $1,695,000.
    (956) 994-8900
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    1617 Polk Ave 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
    1617 Polk Ave Pharr, TX 78577
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