Commercial Real Estate Market in Pharr, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
289 active listings and 2,047 off-market properties in Pharr, TX. Commercial property asks $141/SF to buy and $20.20/SF/Yr to lease.
Market Trends
Pharr, TX spans 26.0 square miles in Hidalgo County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Pharr, TX asks $195/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Pharr, TX asks $164/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Pharr, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Pharr, TX asks $111/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Civic 26.3%
- Agricultural 21.3%
- Industrial 20.4%
- Residential 13.2%
- Commercial 11.8%
- Planned_development 3.2%
Largest Zones share of zoned land by district
Single Family Residential
Agricultural And Open Space
Limited Industrial
General Business
Heavy Industrial
Single Family Residential (R1)
Sec. 1.12. - R1-E single-family residential estate district. A. Purpose. 1. The single-family residential estate zoning (R1-E) is intended to provide for development of primarily very low-density detached, single-family residences on lots of not less than 10,000 square feet. It is intended for large lot subdivisions to provide sufficient space in appropriate…
Market overview
Demographics & Economy
Pharr, TX has 79,937 residents in 26,568 households. Density runs 3,074 people per square mile. Median household income here is $49,768 and median gross rent $988 a month.
79,937
Population
26,568
Households
3
Avg Household Size
30
Median Age
18%
College-Educated
70%
High-School Grad
26 sq mi
ZIP Area
3,074
Density / Sq Mi
$49,768
Median Household Income
$28,186
Median Earnings
$988
Median Rent
$111,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| San Juan | $141 (county avg) | $14.82 |
| Lopezville | $141 (county avg) | — |
| McAllen | $141 (county avg) | $23.23 |
| Campo Alto | $141 (county avg) | — |
Commercial property in Pharr, TX asks $141/SF. The 4 bordering markets run from $141/SF in San Juan to $141/SF in San Juan, and the city sits in line with their $141/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Pharr?
Commercial property in Pharr, TX asks an average of $141 per square foot. Office carries the highest asking price at $195/SF.
How much does it cost to lease commercial space in Pharr?
Asking lease rates in Pharr, TX average $20.20 per square foot per year.
How does Pharr compare to nearby markets on price?
Pharr, TX asks $141/SF against $141/SF in San Juan, $141/SF in Lopezville, $141/SF in McAllen and $141/SF in Campo Alto.
Where does Realmo's Pharr market data come from?
Realmo compiles Pharr, TX figures from 217 active sale listings, 72 active lease listings, 2,047 tracked off-market properties, the current Pharr zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 217 active for-sale and 72 active for-lease listings in Pharr, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 13,382 zoned acres across 23 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
