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    312 Nolana Loop McAllen, TX 78577

    Sponsored
    For Sale
    $6,000,000

    Mixed-use building, 16,000+ SF, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 312 W Nolana Loop in Pharr, Texas, presents a unique investment opportunity. The property, built in 2011, encompasses a substantial 30,492 square foot lot and features a three-story building offering over 16,000 square feet of versatile commercial space. Ideal for a mixed-use development, the building is well-suited for first-floor retail tenants and multi-floor office spaces. Its strategic location near the intersection of Nolana and Highway 281 in Hidalgo County provides excellent visibility and accessibility, making it an attractive proposition for a wide range of businesses. Ample parking is available on-site, adding to the property's convenience and appeal. The asking price for this prime commercial real estate is $6,000,000. This property is situated in a rapidly developing trade area within Pharr, offering significant growth potential for the astute investor. The property's size, location, and adaptability make it a compelling investment in a thriving Texas market. The 78577 zip code further underscores its position within a dynamic and expanding commercial sector.

    Property Features for 312 Nolana Loop

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    2011

    HighLights

    • $6,000,000 asking price.
    • 30,492 SF land parcel with a 2011‑built, three‑story office building.
    • 16,000+ SF of commercial space suitable for retail and office use.
    • Located in Pharr, TX, near the Nolana/Highway 281 intersection.
    • Ample parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1810223
    Latitude
    26.2342789

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    FAQs

    What type of property is this?
    Office Property / Space - Mixed-use building, 16,000+ SF, excellent location.
    Where is this office property / space located?
    The property is located at 312 Nolana Loop McAllen, TX.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: $6,000,000 asking price.; 30,492 SF land parcel with a 2011-built, three-story office building.; 16,000+ SF of commercial space suitable for retail and office use.
    Request Owner's contact information
    312 Nolana Loop McAllen, TX 78577
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    McAllen, 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
    312 Nolana Loop McAllen, TX 78577
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