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    703 Nolana Loop Pharr, TX 78577

    For Sale
    Contact for pricing

    Prime Retail Space, NNN Lease, Vacant

    Property size:
    1,957 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail investment opportunity in Pharr, Texas, presents a variety of options for savvy investors. Located at 703 W Nolana Loop, just west of Highway 281, this property offers highly visible freestanding and small shop spaces, along with attractive pad site opportunities. The available square footage ranges from 1,957 to 5,900 square feet, catering to a diverse range of retail businesses. The property is currently vacant, providing a blank canvas for future tenants. Flexible development options are available, including build-to-suit, ground lease, or outright sale. Several pad site configurations are possible. One option includes a single 5,380 square foot pad, ideal for a restaurant. Another configuration offers a 2,400 square foot restaurant pad, plus two 860 square foot retail pads. A third option features a 3,235 square foot restaurant pad and a second 1,720 square foot restaurant pad. This property's prime location in Hidalgo County, Texas, with its easy access to Highway 281, ensures high visibility and strong potential for attracting a wide customer base. The property is categorized as a shopping center with a NNN lease type. This presents a compelling investment opportunity in a thriving Texas market. Contact us today to explore the possibilities.

    Property Features for 703 Nolana Loop

    General Information

    Property type
    Lifestyle centers
    Square Feet
    1,957 SF

    HighLights

    • High‑visibility retail investment opportunity in Pharr, TX, at 703 W Nolana Loop, near Highway 281.
    • Freestanding and small shop spaces available, ranging from 1,957 to 5,900 square feet.
    • Currently vacant, offering flexible development options including build‑to‑suit, ground lease, or sale.
    • Multiple pad site configurations available, including options for restaurants and retail spaces.
    • NNN lease type in a prime Hidalgo County location with excellent Highway 281 access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office 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
    -98.186672
    Latitude
    26.2342179

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Space, NNN Lease, Vacant
    Where is this lifestyle center located?
    The property is located at 703 Nolana Loop Pharr, TX.
    What are key features of this property?
    This property features: High-visibility retail investment opportunity in Pharr, TX, at 703 W Nolana Loop, near Highway 281.; Freestanding and small shop spaces available, ranging from 1,957 to 5,900 square feet.; Currently vacant, offering flexible development options including build-to-suit, ground lease, or sale.
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    703 Nolana Loop 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
    703 Nolana Loop Pharr, TX 78577
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