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    & Las Milpas Jackson Rd Pharr, TX 78577

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    High-traffic commercial/agricultural land in Pharr, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 23.87-acre tract is situated at the southeast corner of Jackson Road and Las Milpas Road in Pharr, Texas, within the Valley View ISD. Its strategic location offers unparalleled visibility and high traffic counts, making it ideal for a variety of commercial and agricultural uses. The property is zoned for Heavy Commercial/Agricultural use, allowing for diverse development options. Potential uses include a mixed-use development incorporating a strip center, multi-family residential units, storage facilities, or industrial space. The high-density zoning further enhances development possibilities. Its proximity to major transportation arteries is a significant advantage. The property is 3.4 miles from the Pharr Bridge, 4.9 miles from the Hidalgo Bridge, 5.5 miles from Interstate 2, 5.7 miles from the McAllen Foreign Trade Zone, and 6.5 miles from McAllen International Airport. This prime location, combined with its substantial size and flexible zoning, presents a unique opportunity for investors seeking high-growth potential in a rapidly developing area. The area is experiencing significant population growth and retail development, ensuring a strong foundation for future success. This property offers a rare blend of accessibility, visibility, and development potential, making it an exceptional investment opportunity.

    Property Features for & Las Milpas Jackson Rd

    General Information

    Property type
    Farms
    Lot Size
    1,039,777 SF

    HighLights

    • 23.87 acres available.
    • Ideal for mixed‑use development, including retail, multifamily, storage, or industrial uses. High‑density zoning allows for diverse development options.
    • Heavy Commercial/Agricultural zoning.
    • 3.4 miles from Pharr Bridge.
    • 4.9 miles from Hidalgo Bridge.
    • 5.5 miles from Interstate 2.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2176358
    Latitude
    26.118879

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    FAQs

    What type of property is this?
    Farm - High-traffic commercial/agricultural land in Pharr, TX.
    Where is this farm located?
    The property is located at & Las Milpas Jackson Rd Pharr, TX.
    What are key features of this property?
    This property features: 23.87 acres available.; Ideal for mixed-use development, including retail, multifamily, storage, or industrial uses. High-density zoning allows for diverse development options.; Heavy Commercial/Agricultural zoning.
    Request Owner's contact information
    & Las Milpas Jackson 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
    & Las Milpas Jackson Rd Pharr, TX 78577
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