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    1511 Nolana Loop Pharr, TX 78577

    Sponsored
    For Sale
    $579,783

    Prime 1.21-acre pad site in Pharr, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.21-acre commercial land parcel, located at 1511 E Nolana Loop in Pharr, Texas (Hidalgo County, zip code 78577), presents a unique investment opportunity. The property, identified by APN 624129, is offered fee simple and zoned AO. Boasting ideal dimensions of approximately 150 feet by 350 feet, this pad site enjoys a high-traffic location at the intersection of East Nolana Loop and North Veterans, experiencing approximately 33,700 vehicles daily. Its strategic position is further enhanced by its adjacency to a thriving retail plaza anchored by established businesses such as Dollar Tree, Wingstop, Metro by T-Mobile, and 100% Antojitos Mexicanos. The site benefits from its proximity to major transportation arteries, including Expressway 281 and Expressway 83 (I-2), providing excellent accessibility. Pharr's robust residential growth creates significant demand for retail and quick-service restaurants (QSRs), making this site particularly attractive to businesses seeking to capitalize on the area's retail gaps. The asking price for this exceptional property is $579,783.60. This prime location, combined with its desirable size and high traffic counts, makes this an ideal site for a variety of commercial ventures.

    Property Features for 1511 Nolana Loop

    General Information

    Property type
    Land
    Lot Size
    52,708 SF

    HighLights

    • Excellent I‑69C & I‑2 interstate access.
    • Shadow‑anchored by a new Dollar Tree Plaza.
    • Located in a densely populated residential area.
    • High traffic counts ensure strong visibility.
    • High‑growth area with a rapidly expanding population.
    • Significant unmet retail demand in the region.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.161531
    Latitude
    26.232281

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    FAQs

    What type of property is this?
    Land - Prime 1.21-acre pad site in Pharr, TX.
    Where is this land located?
    The property is located at 1511 Nolana Loop Pharr, TX.
    What is the asking price?
    The asking price for this property is $579,783.
    What are key features of this property?
    This property features: Excellent I-69C & I-2 interstate access.; Shadow-anchored by a new Dollar Tree Plaza.; Located in a densely populated residential area.
    Request Owner's contact information
    1511 Nolana Loop 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
    1511 Nolana Loop Pharr, TX 78577
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