Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    500 State St Pharr, TX 78577

    For Sale
    $795,000

    2.34 Acres, $795,000 - High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.34-acre commercial land parcel presents a remarkable investment opportunity in the heart of Pharr, Texas. Located at 500 W State Street, this property boasts a highly desirable location, just one block from Business Highway 83, ensuring excellent visibility and accessibility. The strategic placement within the city provides proximity to a vibrant array of amenities, including numerous restaurants, pharmacies, and shopping centers, catering to a large and diverse customer base. The expansive lot size offers significant potential for a variety of development projects, making it ideal for multi-resident complexes or other commercial ventures. Its central location within Pharr ensures easy access to the city's core and its surrounding areas. The asking price for this prime commercial land is $795,000. Given its size, location, and development potential, this property represents a compelling investment opportunity for discerning buyers seeking a high-return asset in a thriving Texas market. The property's address is verified as 500 W State Street, Pharr, TX 78577, within Hidalgo County. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a significant land holding in a rapidly growing area.

    Property Features for 500 State St

    General Information

    Property type
    Land
    Lot Size
    101,930 SF

    HighLights

    • 2.34‑acre commercial land parcel in Pharr, TX.
    • Located at 500 W State Street, one block from Business Highway 83.
    • Excellent visibility and accessibility, near restaurants, pharmacies, and shopping centers.
    • Suitable for multi‑family or other commercial development.
    • Asking price: $795,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.189436
    Latitude
    26.1966343

    Nearby Similar for Sale

    • $4,200,000
      23,400 SF

      Pharr Industrial Property with Rail Access

      1.85-acre industrial property featuring a private rail road ramp.
      100 N Dogwood St, Pharr, TX 78577
      View Details
    • $2,583,000
      9,575 SF

      Versatile Commercial Property in Pharr

      Two-story commercial property with retail and office space.
      902 S Cage Blvd, Pharr, TX 78577
      View Details
    • $265,000
      4,368 SF

      Pharr Duplex in Gated Community

      Two-story duplex with community amenities and convenient location in Pharr.
      3000 Ashley Pl, Pharr, TX 78577
      View Details
    • $499,000
      3,823 SF

      Restaurant Building with Commercial Kitchen

      Former restaurant with kitchen for sale in Pharr, Texas.
      6701 S Jackson Rd, Pharr, TX 78577
      View Details
    • $375,000
      Pending

      Pharr Fourplex: Investment Opportunity

      Fully occupied fourplex in Pharr, TX, built in 2008.
      100 W Albatross Ave, Pharr, TX 78577
      View Details
    • $510,000
      3,944 SF

      New Fourplex in Pharr, TX

      New fourplex near expressway with furnished unit for short-term rental.
      4905 N Dahlia St, Pharr, TX 78577
      View Details

    FAQs

    What type of property is this?
    Land - 2.34 Acres, $795,000 - High Traffic
    Where is this land located?
    The property is located at 500 State St Pharr, TX.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: 2.34-acre commercial land parcel in Pharr, TX.; Located at 500 W State Street, one block from Business Highway 83.; Excellent visibility and accessibility, near restaurants, pharmacies, and shopping centers.
    Request Owner's contact information
    500 State St Pharr, TX 78577
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    500 State St
    Pharr, TX 78577
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    500 State St Pharr, TX 78577
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.