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    1421 Sugar Rd Pharr, TX 78577

    For Sale
    $450,000

    1.44-acre lot, 3 structures, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 1.44-acre commercial land parcel, located at 1421 N Sugar Road in Pharr, Texas, presents a compelling investment opportunity. Priced at $450,000, the property boasts a highly desirable location near the expressway, ensuring excellent visibility and accessibility. Built in 1978, the site currently features three existing structures, offering flexibility for immediate use or redevelopment. The expansive lot size provides ample space for a variety of commercial ventures, including office spaces or retail establishments. Its large frontage and strategic positioning along a major thoroughfare promise significant traffic exposure, making it an ideal location for businesses seeking high visibility and convenient access for customers. The property's zoning and permitted uses should be verified independently. Situated in Hidalgo County, Texas, with a zip code of 78577, this property offers significant potential for growth and return on investment. The combination of location, size, and existing structures makes this a rare find in the thriving Pharr commercial market. Further details are available upon request.

    Property Features for 1421 Sugar Rd

    General Information

    Property type
    Land
    Lot Size
    62,726 SF

    Building Details

    Year Built
    1978

    HighLights

    • 1.44‑acre commercial land parcel in Pharr, TX, priced at $450,000.
    • Highly desirable location near the expressway for excellent visibility and accessibility.
    • Features three existing structures, built in 1978, offering flexibility for immediate use or redevelopment.
    • Ample space for various commercial ventures, such as office or retail uses.
    • Large frontage on a major thoroughfare ensures high traffic exposure.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop 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
    -98.1942386
    Latitude
    26.2087625

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    FAQs

    What type of property is this?
    Land - 1.44-acre lot, 3 structures, prime location.
    Where is this land located?
    The property is located at 1421 Sugar Rd Pharr, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 1.44-acre commercial land parcel in Pharr, TX, priced at $450,000.; Highly desirable location near the expressway for excellent visibility and accessibility.; Features three existing structures, built in 1978, offering flexibility for immediate use or redevelopment.
    Request Owner's contact information
    1421 Sugar Rd 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
    1421 Sugar Rd Pharr, TX 78577
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