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    201 Veterans Blvd Pharr, TX 78577

    For Sale
    $600,000

    1.2-Acre Commercial Lot, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.2-acre commercial land parcel presents a unique investment opportunity in the thriving city of Pharr, Texas. Located at 201 N Veterans Boulevard, this property enjoys a highly visible position, just blocks from a major highway, ensuring significant traffic flow and exposure for any commercial venture. Built in 1970, the land previously housed multi-family units, offering a versatile foundation for redevelopment. The possibilities are extensive, ranging from upgrading the existing structures to creating a new commercial plaza, medical offices, or other suitable businesses. The expansive lot size provides ample space for a variety of development projects. This prime location offers unparalleled potential for growth and profitability. The asking price is $600,000, and the seller is open to considering all serious offers. This is a rare chance to acquire a strategically located commercial property in a dynamic Texas market. The property is situated in Hidalgo County, Texas, with a zip code of 78577. Don't miss this opportunity to secure a thriving commercial venture in a high-traffic area.

    Property Features for 201 Veterans Blvd

    General Information

    Property type
    Land
    Lot Size
    52,272 SF

    Building Details

    Year Built
    1970

    HighLights

    • 1.2‑acre commercial land parcel in Pharr, Texas.
    • Highly visible location on N Veterans Boulevard, blocks from a major highway.
    • Previously housed multi‑family units, ideal for redevelopment.
    • $600,000 asking price, seller open to offers.
    • Located in Hidalgo County, TX, zip code 78577.
    Property Profile Insight Report 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 Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1678919
    Latitude
    26.194055

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    FAQs

    What type of property is this?
    Land - 1.2-Acre Commercial Lot, High Visibility
    Where is this land located?
    The property is located at 201 Veterans Blvd Pharr, TX.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 1.2-acre commercial land parcel in Pharr, Texas.; Highly visible location on N Veterans Boulevard, blocks from a major highway.; Previously housed multi-family units, ideal for redevelopment.
    Request Owner's contact information
    201 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
    201 Veterans Blvd Pharr, TX 78577
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