Freestanding Retail
New
For Sale
Contact for pricing
2601 S Canna Street, Pharr, TX 78577
A flexible interior layout supports retail, office, salon, beauty, and other professional service uses.
Property Size600 SF
Price / SF$2.00
Days on Market2
Property Features for 2601 S Canna Street
General Information
Standard status
Active
Size
600 SF
Property subtype
Commercial
Site & Location
Corner Location
Yes
Road Access
Yes
Additional Details
Property Use
Office
Building Details
Year Built
2014
Buildings
1
Building Size
600 SF
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 4:13PM
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 SANETI REALTY GROUP
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2014, this freestanding retail building contains 600 SF and offers a flexible layout for retail, office, salon, beauty, or other professional service uses. The property is at the corner of Hall Acres Road and Canna Street in Pharr, Texas.
The gross lease structure assigns water and electricity costs to tenants.
The gross lease structure assigns water and electricity costs to tenants.
Key Highlights
- Freestanding 600 SF building
- Built in 2014
- Corner location at Hall Acres Road and Canna Street in Pharr
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,101
Suggested Prices Based on Cap Rates
Cap Rate 5%
$162,020
$162.0K
Cap Rate 7%
$115,729
$115.7K
Cap Rate 9%
$90,011
$90.0K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$12.3K $20.52/SF
− Vacancy
−$739 −$1.23/SF
EGI
$11.6K $19.29/SF
− OpEx
−$3.5K −$5.79/SF
NOI
$8.1K $13.50/SF
Area
Hidalgo County, TX
Vacancy
6.00%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$162,020
Cap Rate 7%
$115,729
Cap Rate 9%
$90,011
Alternative Uses
Best Use
Retail
$115.7K
$101.3K – $135.0K
NOI $8,101 @ 7.0% cap · market cap 675.08%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$451.9K
$395.4K – $527.3K
NOI $31,635 @ 7.0% cap · market cap 2,636.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
145
Businesses Nearby
Explore this area
Business Placement
Demographics for 78577, TX
79,937
Population
26,568
Households
3
Avg Household Size
30
Median Age
18%
College-Educated
70%
High-School Grad
26.0 sq mi
ZIP Area
3,075
Density / Sq Mi
$49,768
Median Household Income
$28,186
Median Earnings
$988
Median Rent
$111,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - A flexible interior layout supports retail, office, salon, beauty, and other professional service uses.
Where is this retail space located?
The property is located at 2601 S Canna Street Pharr, TX.
What are key features of this property?
This property features: Freestanding 600 SF building; Built in 2014; Corner location at Hall Acres Road and Canna Street in Pharr
