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    OFF-MARKET
    Land

    601 Veterans Blvd, Pharr, TX 78577

    1.25 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.25-acre commercial lot presents a remarkable investment opportunity in the thriving city of Pharr, Texas. Located at 601 N Veterans Boulevard, this property boasts a highly desirable corner location, ensuring maximum visibility and accessibility. Its strategic position places it in close proximity to major businesses, including H-E-B, IBC Bank, INB Bank, and Walgreens, as well as numerous smaller businesses and restaurants, guaranteeing a robust customer base. The property's advantageous placement just south of Expressway 83 and north of Business 83 ensures exceptional traffic flow, providing unparalleled exposure for any commercial venture. The high traffic count makes this location ideal for a diverse range of commercial developments. Potential uses include, but are not limited to, a motel, bank, car wash, restaurant, or multi-family residential units. The asking price for this exceptional property is $442,000. This 1.25-acre parcel in Hidalgo County, Texas, zip code 78577, offers unparalleled potential for significant return on investment. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly growing market. The property's coordinates are 26.1979802 latitude and -98.1672979 longitude.

    Property profile
    Verified
    Property type Land
    Lot 1.25 ac (54,450 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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