Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Pharr Commercial Space Available Title is generated by Realmo AI

    1510 W Military Hwy, Pharr, TX 78577

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Commercial space available for rent in Pharr, Texas.

    Type:Commercial
    Property size:
    1,500 SF
    Added:
    Apr 8, 2026
    Days on Market:
    47
    Last Refresh:
    Apr 3 at 4:53 am

    Property Features for 1510 W Military Hwy

    General Information

    Standard status
    Active
    Size
    1,500 SF
    Property subtype
    Commercial

    Spaces For Lease

    at 1510 W Military Hwy Contact us

    We can help!

    Listing Contact
    Patricia Rodriguez

    Listing agent Patricia Rodriguez

    Listing office Resolut RE

    Listing date Apr 8, 2026

    Source Resolutre

    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 Resolut RE

    HighLights

    • Commercial space available for rent
    • Located in Pharr, Texas

    Overview

    This commercial property, located in Pharr, Texas, offers 1,500 square feet of space. The property is classified as a specialty property and is available for rent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Restaurant Law Firm Dental Office Auto Repair Shop Big Box & Wholesale Store Gym & Fitness Center Auto Parts Store Department Store HVAC Service Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2204354
    Latitude
    26.0976421

    Nearby Similar for Lease

    • $600/Mo
      3,036 SF

      Pharr Office Suites For Lease

      Office suites for lease with included amenities and utilities.
      1431 Polk Avenue, Pharr, TX 78577
      View Details
    • $6,000/Mo
      5,250 SF

      Versatile Commercial Building in Pharr

      5,250 SF commercial building with retail, showroom, and warehouse space.
      1313 W Ferguson Avenue, Pharr, TX 78577
      View Details
    • $2,813/Mo
      8,026 SF

      New Flex Space in Pharr

      New construction flex space suitable for retail, office, or industrial.
      3550 N Birch Street, Pharr, TX 78577
      View Details
    • $5,000/Mo
      4,000 SF

      Pharr Commercial Flex Space

      Office and warehouse space in a growing Pharr area.
      1015 Minnesota Street, Pharr, TX 78577
      View Details
    • $3,500/Mo
      1,000 SF

      Versatile Commercial Suite in Pharr

      High-traffic location, ideal for various businesses.
      8001 S Jackson Highway, Pharr, TX 78503
      View Details
    • $2,813/Mo
      8,026 SF

      New Flex Space in Pharr

      Modern flex space suitable for retail, office, or industrial uses.
      3550 N Birch Street, Pharr, TX 78577
      View Details
    • $1,500/Mo
      3,960 SF

      Retail Space in Growing Area

      Blank slate retail space with buildout and rebate opportunity.
      1015 Minnesota Avenue, Pharr, TX 78577
      View Details
    • $35 SF/Yr
      14,200 SF

      Retail Destination in Pharr Town Center

      Dynamic retail and entertainment destination in the Rio Grande Valley.
      1301 W. Polk Ave. & 530 N. Jackson Rd., Pharr, TX 78577
      View Details
    • $17 SF/Yr
      29,706 SF

      Pharr Professional Facility For Lease

      29,706 SF building suitable for various professional uses.
      1503 W Polk Ave., Pharr, TX 78577
      View Details
    • $2 SF/Yr
      1,848 SF

      Prime Retail Space Available

      Former bank space on hard corner of I-2 and Veterans.
      1200 INTERSTATE 2, Pharr, TX 78577
      View Details
    • $0.74 SF/Yr
      75,000 SF

      New Class A Warehouse in Pharr

      75,000 SF Class A warehouse near Pharr International Bridge.
      890 E. Military Highway, Pharr, TX 78577
      View Details
    • $3,930/Mo
      3,275 SF

      Stand-Alone Medical Clinic For Lease

      Well-laid out medical clinic ready for immediate operation.
      1100 W Sam Houston Blvd, Pharr, TX 78577
      View Details

    FAQs

    What type of property is this?
    Specialty property - Commercial space available for rent in Pharr, Texas.
    Where is this specialty property located?
    The property is located at 1510 W Military Hwy Pharr, TX.
    What are key features of this property?
    This property features: Commercial space available for rent; Located in Pharr, Texas
    (956) 412-8800
    We can help!
    Listing Contact
    Patricia Rodriguez
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1510 W Military Hwy, Pharr, TX 78577
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!