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Gray-Shell Retail Space
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835 Del Oro Lane, Pharr, TX 78577

The gray-shell interior can be configured to suit office or retail operations.

Property Size1,752 SF
Price / SF$1.52
Days on Market2

Property Features for 835 Del Oro Lane

General Information

Standard status Active
Size 1,752 SF
Property subtype Commercial

Space & Availability

Condition Shell
Furnished No

Building Details

Year Built 2019
Listing Agency: SANETI REALTY GROUP
Listed By: Alberto Sanchez
Source: Sanetirealty
Added: Oct 31 Changed: Nov 1 Last Checked: Nov 1 at 1:45AM

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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Investment Insights

Based on property information with market context.

This 1,752-square-foot retail space was built in 2019 and is offered in gray-shell condition. The interior can be shaped for office or retail use, with the configuration determined by the tenant.

The property is at 835 Del Oro Lane in Pharr, on North Sugar Road and Del Oro Lane. Retail businesses and professional offices are among the surrounding uses. Parking is limited, making the space unsuitable for high-traffic operations such as gyms or dance studios.

Key Highlights

  • 1,752‑square‑foot retail space
  • Gray‑shell interior for tenant configuration
  • Built in 2019

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,656
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,120 $473.1K
Cap Rate 7%
$337,943 $337.9K
Cap Rate 9%
$262,844 $262.8K
Market Conditions
NOI Build-Up for 1,752 SF
Gross rent
$36.0K $20.52/SF
− Vacancy
−$2.2K −$1.23/SF
EGI
$33.8K $19.29/SF
− OpEx
−$10.1K −$5.79/SF
NOI
$23.7K $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%
$473,120
Cap Rate 7%
$337,943
Cap Rate 9%
$262,844

Alternative Uses

Best Use
Office B
$418.7K
$366.3K – $488.4K (±1% cap)
NOI $29,306 @ 7.0% cap · market cap 1,100.49%
Second Best
Retail
$337.9K
$295.7K – $394.3K (±1% cap)
NOI $23,656 @ 7.0% cap · market cap 888.32%
Theoretical Best
Hotel Hospitality
$1.32M
$1.15M – $1.54M (±1% cap)
NOI $92,374 @ 7.0% cap · market cap 3,468.79%
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 Dental Office Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop Real Estate Agency Bakery

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

732
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The gray-shell interior can be configured to suit office or retail operations.
Where is this retail space located?
The property is located at 835 Del Oro Lane Pharr, TX.
What are key features of this property?
This property features: 1,752‑square‑foot retail space; Gray‑shell interior for tenant configuration; Built in 2019
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