NNN Multi-Building
For Sale
$1,250,000
2901 S Sugar Road, Pharr, TX 78577
Commercial Sale, Pharr, TX
Property Size13,208 SF
Lot Size0.81 Acres
Price / SF$94.64
Days on Market288
Property Features for 2901 S Sugar Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C
Parking
24
Parking features
Off Street
Security features
Security Lighting
Exterior features
Storage
Appliances
Electric Water Heater
Subdivision
Trison
Directions
Just north of Souix Rd/La Vista Ave on Sugar Road.
Standard status
Active
APN
T764500000000200 /000100
Size
13,208 SF
Lot size
0.81 Acres
Taxes and HOA fees
Tax Year
2022
Tax Annual Amount
18039
Utilities
Heating system
Zoned, Electric (Heating)
Cooling system
Zoned, Electric
Building Details
Year built
2004
Floors in Building
2
Building materials
Block, Concrete
Roof type
Flat
Additional Structures
Storage
Listing Agency:
Signature Properties
(956) 630-3100
Listed By:
J.c. Lowe
(956) 821-0547
Added: Dec 30, 2025
Changed: Oct 8
Last Checked: Oct 14 at 4:06PM
MLS# 393997
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property comprises multiple buildings totaling 13,208 square feet across Trison Subdivision Lots 1 and 2. The improvements include block and concrete construction, flat roofs, storage space, off-street parking, and an electric water heater. Heating and cooling systems are electric and zoned, and the buildings were constructed in 2004. The property is zoned C.
The offering includes 2901 S Sugar Road and an adjacent building at 2905 S Sugar Road on a separate lot. Lease structures include an NNN lease for one occupant and modified gross leases for additional occupants. The property contains 0.8083 acres and reports a 5.72% CAP and 6.06% Cash on Cash ROI.
The offering includes 2901 S Sugar Road and an adjacent building at 2905 S Sugar Road on a separate lot. Lease structures include an NNN lease for one occupant and modified gross leases for additional occupants. The property contains 0.8083 acres and reports a 5.72% CAP and 6.06% Cash on Cash ROI.
Key Highlights
- 13,208‑square‑foot commercial property on 0.8083 acres
- Multiple buildings spanning Trison Subdivision Lots 1 and 2
- NNN lease structure alongside modified gross leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,396
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,687,920
$1.7M
Cap Rate 7%
$1,205,657
$1.2M
Cap Rate 9%
$937,733
$937.7K
Market Conditions
NOI Build-Up for 13,208 SF
Gross rent
$106.2K $8.04/SF
− Vacancy
−$6.9K −$0.52/SF
EGI
$99.3K $7.52/SF
− OpEx
−$14.9K −$1.13/SF
NOI
$84.4K $6.39/SF
Area
Hidalgo County, TX
Vacancy
6.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,687,920
Cap Rate 7%
$1,205,657
Cap Rate 9%
$937,733
Alternative Uses
Best Use
Warehouse
$1.21M
$1.05M – $1.41M
NOI $84,396 @ 7.0% cap · market cap 6.75%
Second Best
Industrial
$992.9K
$868.8K – $1.16M
NOI $69,503 @ 7.0% cap · market cap 5.56%
Theoretical Best
Hotel Hospitality
$9.95M
$8.70M – $11.61M
NOI $696,392 @ 7.0% cap · market cap 55.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
481
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
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Two-lot commercial property with multiple buildings and a mix of NNN and modified gross leases.
Where is this nnn property located?
The property is located at 2901 S Sugar Road Pharr, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 13,208‑square‑foot commercial property on 0.8083 acres; Multiple buildings spanning Trison Subdivision Lots 1 and 2; NNN lease structure alongside modified gross leases
