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    601 Veterans Blvd Pharr, TX 78577

    For Sale
    $442,000

    1.25 Acres, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.25-acre commercial lot presents a remarkable investment opportunity in the thriving city of Pharr, Texas. Located at 601 N Veterans Boulevard, this property boasts a highly desirable corner location, ensuring maximum visibility and accessibility. Its strategic position places it in close proximity to major businesses, including H-E-B, IBC Bank, INB Bank, and Walgreens, as well as numerous smaller businesses and restaurants, guaranteeing a robust customer base. The property's advantageous placement just south of Expressway 83 and north of Business 83 ensures exceptional traffic flow, providing unparalleled exposure for any commercial venture. The high traffic count makes this location ideal for a diverse range of commercial developments. Potential uses include, but are not limited to, a motel, bank, car wash, restaurant, or multi-family residential units. The asking price for this exceptional property is $442,000. This 1.25-acre parcel in Hidalgo County, Texas, zip code 78577, offers unparalleled potential for significant return on investment. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly growing market. The property's coordinates are 26.1979802 latitude and -98.1672979 longitude.

    Property Features for 601 Veterans Blvd

    General Information

    Property type
    Land
    Lot Size
    54,450 SF

    HighLights

    • 1.25‑acre commercial lot in Pharr, TX, at 601 N Veterans Boulevard.
    • Highly visible corner location with excellent accessibility.
    • Prime location near H‑E‑B, IBC Bank, INB Bank, Walgreens, and other businesses.
    • Exceptional traffic flow due to proximity to Expressway 83 and Business 83.
    • Suitable for various commercial uses, including motel, bank, car wash, restaurant, or multi‑family residential.
    • Asking price: $442,000.
    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
    -98.1672979
    Latitude
    26.1979802

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    FAQs

    What type of property is this?
    Land - 1.25 Acres, High Traffic Area
    Where is this land located?
    The property is located at 601 Veterans Blvd Pharr, TX.
    What is the asking price?
    The asking price for this property is $442,000.
    What are key features of this property?
    This property features: 1.25-acre commercial lot in Pharr, TX, at 601 N Veterans Boulevard.; Highly visible corner location with excellent accessibility.; Prime location near H-E-B, IBC Bank, INB Bank, Walgreens, and other businesses.
    (956) 789-4141
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    601 Veterans Blvd Pharr, TX 78577
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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
    601 Veterans Blvd Pharr, TX 78577
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