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    1002 Sam Houston Blvd Pharr, TX 78577

    Sponsored
    For Lease
    $20 SF/Yr

    Two Suites Available, High Visibility, Excellent Location

    Lot size:
    24,787 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property at 1002 Sam Houston Blvd in Pharr offers two immediately available suites ideal for medical or general office use. The building totals 24,787 square feet and sits on a substantial 4,678 acres of land. Suite 1, a former pharmacy, comprises 1,660 square feet, while Suite 7, a fully renovated space, offers 3,018 square feet of contiguous area. The minimum leasable space is 1,660 square feet, with a maximum contiguous space of 3,018 square feet available. The property is classified as Class B and features ample parking with 112 spaces. There are no elevators. The building is zoned for commercial use and benefits from a high-traffic location on Sam Houston Boulevard, enhanced by prominent pylon signage ensuring excellent visibility. The asking lease rate is $1.75 per square foot under a modified gross lease, with preferred lease terms ranging from 3 to 5 years. This is a multi-tenant building with a total of one building suite. This presents a fantastic opportunity for businesses seeking a well-located, readily available office space in a thriving commercial area.

    Property Features for 1002 Sam Houston Blvd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,787 SF
    Class
    B
    Total Rate
    42137.9

    Unit(s) available at that property

    Space
    Ste 1
    Size
    1,660 SF
    Rate per SF
    $21
    Space
    Ste 7
    Size
    3,018 SF
    Rate per SF
    $20

    HighLights

    • 24,787 SF multi‑tenant office building on 4.678 acres.
    • Available spaces range from 1,660 SF to 3,018 SF.
    • Modified gross lease rate: $1.75/SF, 3‑5 year terms preferred.
    • High‑visibility location on Sam Houston Blvd in Pharr, TX with pylon signage.
    • 112 parking spaces.
    • Class B building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -98.1976415
    Latitude
    26.189946

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    FAQs

    What type of property is this?
    Medical office - Two Suites Available, High Visibility, Excellent Location
    Where is this medical office located?
    The property is located at 1002 Sam Houston Blvd Pharr, TX.
    What is the lease rate?
    The lease rate is $20-$21 SF/Yr.
    What are key features of this property?
    This property features: 24,787 SF multi-tenant office building on 4.678 acres.; Available spaces range from 1,660 SF to 3,018 SF.; Modified gross lease rate: $1.75/SF, 3-5 year terms preferred.
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    1002 Sam Houston Blvd 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
    1002 Sam Houston Blvd Pharr, TX 78577
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