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    404 Interstate 2 Pharr, TX 78577

    Sponsored
    For Lease
    $13 SF/Yr

    High-traffic location, flexible lease options.

    Lot size:
    2,628 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 404 Interstate 2 #17, offers a unique blend of land, office, restaurant, and retail opportunities. Situated within the dynamic Wood Row Plaza, this 7.71-acre site boasts unparalleled visibility and accessibility, directly adjacent to Interstate 2 and Highways 281/69C. The property features a total of 222 parking spaces, ensuring ample convenience for tenants and customers. The available space totals 2,628 square feet, but can be subdivided into units as small as 1,314 square feet, offering flexibility for various business needs. Wood Row Plaza is anchored by established national and regional retailers, including Lexus, Carmax, Top Golf, Pappadeaux, Academy, and Whataburger, creating a thriving commercial environment. This prime location benefits from a high-density residential area, ensuring a robust customer base. The property's APN is K240000000016302. This single-tenant property presents a rare opportunity to establish a presence in a high-demand, high-visibility location. The property is ideal for businesses seeking a prominent position within a successful commercial plaza. The combination of convenient access, ample parking, and surrounding retail anchors makes this an exceptional investment opportunity.

    Property Features for 404 Interstate 2

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,628 SF

    Unit(s) available at that property

    Space
    Building A Ste. 16-17
    Size
    2,628 SF
    Rate per SF
    $13

    HighLights

    • 7.71‑acre commercial land parcel with high visibility.
    • Single‑tenant occupancy, 2,628 square feet available.
    • 222 parking spaces.
    • Located near major highways (Interstate 2 and Highways 281/69C) and surrounded by national retail chains and residential areas.
    • Flexible lease options from 1,314 sq ft up to 2,628 sq ft.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1777087
    Latitude
    26.2045083

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    FAQs

    What type of property is this?
    Restaurant - High-traffic location, flexible lease options.
    Where is this restaurant located?
    The property is located at 404 Interstate 2 Pharr, TX.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 7.71-acre commercial land parcel with high visibility.; Single-tenant occupancy, 2,628 square feet available.; 222 parking spaces.
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    404 Interstate 2 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
    404 Interstate 2 Pharr, TX 78577
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