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    711 Business 83 Hwy Pharr, TX 78577

    For Sale
    $550,000

    Highway 83 lot, ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 23,549.84 square foot commercial lot is ideally situated at 711 Business Highway 83 West in Pharr, Texas, Hidalgo County (APN: B3340-00-000-0001-00). Offered at $550,000, this property presents a remarkable opportunity for investors and developers seeking high-visibility exposure. Its location on Business Highway 83 ensures convenient access to major transportation arteries, providing effortless connectivity to McAllen to the west and San Juan and Edinburg to the east. The lot has already undergone resubdivision, streamlining the development process. A portion of the property features a partial cement block fence and a caliche-packed front area, further enhancing its readiness for immediate construction. This versatile site is perfectly suited for a wide range of commercial ventures, including car lots or any business requiring significant street frontage and high traffic visibility. The property's strategic location in downtown Pharr makes it an attractive investment with excellent potential for future growth and profitability. Don't miss this chance to acquire a prime commercial parcel in a thriving Texas market.

    Property Features for 711 Business 83 Hwy

    General Information

    Property type
    Land

    HighLights

    • 23,549.84 SF commercial lot in Pharr, TX.
    • Located at 711 Business Highway 83 West, Hidalgo County (APN: B3340‑00‑000‑0001‑00).
    • Priced at $550,000.
    • High‑visibility location on Business Highway 83, offering easy access to McAllen, San Juan, and Edinburg.
    • Already resubdivided, ready for development.
    • Features a partial cement block fence and caliche‑packed front area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1752234
    Latitude
    26.1940287

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    FAQs

    What type of property is this?
    Land - Highway 83 lot, ready for development.
    Where is this land located?
    The property is located at 711 Business 83 Hwy Pharr, TX.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 23,549.84 SF commercial lot in Pharr, TX.; Located at 711 Business Highway 83 West, Hidalgo County (APN: B3340-00-000-0001-00).; Priced at $550,000.
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    Pharr, TX 78577
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    Realmo Value Estimation

    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.

    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.

    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
    711 Business 83 Hwy Pharr, TX 78577
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