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    Hi Line Rd Pharr, TX 78577

    Sponsored
    For Sale
    $10,000,000

    46 Acres, Prime Location, High Growth Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 46-acre industrial land parcel presents a compelling investment opportunity in Pharr, Texas. Strategically located near the intersection of Hi Line Road and Military Road, this property benefits from convenient access to major transportation arteries. Its proximity to the burgeoning Majestic International Port project, a 600-acre master-planned industrial park with over 700,000 square feet of warehouse space in its first phase, ensures strong growth potential. The site is ideally positioned to capitalize on the projected tripling of Texas-Mexico trade by 2050, promising significant future value appreciation. Planned highway expansions, including the addition of new lanes and frontage roads, will further enhance accessibility and connectivity. Adding to its appeal, the property is adjacent to Pharr's future truck staging area. This prime location, coupled with the robust growth projections and infrastructure improvements, makes this 46-acre tract an exceptional opportunity for industrial development and logistics investment. The asking price for this significant land holding is $10,000,000. The property is zoned for commercial, distribution, and warehouse uses. This is a rare chance to acquire a substantial land parcel in a rapidly developing area with exceptional long-term prospects.

    Property Features for 0 Hi Line Rd

    General Information

    Property type
    Distribution properties

    HighLights

    • 46‑acre industrial land parcel in Pharr, Texas, priced at $10,000,000.
    • Zoned for commercial, distribution, and warehouse uses.
    • Excellent access to Hi‑Line Road and Military Road, providing convenient connectivity.
    • Adjacent to a 600‑acre master‑planned industrial park and Pharr's future truck staging area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1911866
    Latitude
    26.1005409

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    FAQs

    What type of property is this?
    Distribution property - 46 Acres, Prime Location, High Growth Potential
    Where is this distribution property located?
    The property is located at Hi Line Rd Pharr, TX.
    What is the asking price?
    The asking price for this property is $10,000,000.
    What are key features of this property?
    This property features: 46-acre industrial land parcel in Pharr, Texas, priced at $10,000,000.; Zoned for commercial, distribution, and warehouse uses.; Excellent access to Hi-Line Road and Military Road, providing convenient connectivity.
    Request Owner's contact information
    Hi Line Rd 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
    Hi Line Rd Pharr, TX 78577
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