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Open-Plan Retail Suite
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3601 E Eldora Road Unit 4, Pharr, TX 78577

An adaptable interior layout supports a range of business configurations.

Property Size1,000 SF
Price / SF$2.29
Days on Market2

Property Features for 3601 E Eldora Road Unit 4

General Information

Standard status Active
Size 1,000 SF
Property subtype Commercial

Building Details

Year Built 2018
Listing Agency: Texus Realty
Listed By: Israel Gutierrez · License #0558344
Source: Texusrealty
Added: Nov 1 Changed: Nov 2 Last Checked: Nov 2 at 2:33AM

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 Texus Realty

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Investment Insights

Based on property information with market context.

This retail suite has an open interior layout that can be configured for different business operations. The building was completed in 2018.

The property is at 3601 E Eldora Road, Unit 4, in Pharr, Texas.

Key Highlights

  • Open interior layout offers flexibility for configuring the suite
  • Building completed in 2018
  • Located at 3601 E Eldora Road, Unit 4, Pharr, TX 78577

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,502
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,040 $270.0K
Cap Rate 7%
$192,886 $192.9K
Cap Rate 9%
$150,022 $150.0K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$20.5K $20.52/SF
− Vacancy
−$1.2K −$1.23/SF
EGI
$19.3K $19.29/SF
− OpEx
−$5.8K −$5.79/SF
NOI
$13.5K $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%
$270,040
Cap Rate 7%
$192,886
Cap Rate 9%
$150,022

Alternative Uses

Best Use
Retail
$192.9K
$168.8K – $225.0K (±1% cap)
NOI $13,502 @ 7.0% cap · market cap 590.12%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$753.2K
$659.1K – $878.8K (±1% cap)
NOI $52,725 @ 7.0% cap · market cap 2,304.41%
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

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Spa & Massage Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

331
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
French Ellison Truck Center Shops & Services
3,449 visits/mo 0.4 miles

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - An adaptable interior layout supports a range of business configurations.
Where is this retail space located?
The property is located at 3601 E Eldora Road Unit 4 Pharr, TX.
What are key features of this property?
This property features: Open interior layout offers flexibility for configuring the suite; Building completed in 2018; Located at 3601 E Eldora Road, Unit 4, Pharr, TX 78577
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