Property profile

00 Veterans Blvd Pharr, TX 78577

OFF-MARKET
Land
3.48 ac lot
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Property summary

AI-generated overview

This exceptional 3.48-acre lot presents a rare investment opportunity in Pharr, Texas. Located on N Veterans Boulevard, in Hidalgo County, zip code 78577, this property is zoned for multifamily residential and commercial use, offering significant development potential. The asking price is $295,500, making it an attractive proposition for investors seeking a substantial land holding in a growing area. The expansive lot size allows for the construction of a sizable multifamily complex, such as an apartment building or a duplex/triplex/quadruplex development. The property's versatility caters to a range of development plans, accommodating various building sizes and configurations. Its prime location on Veterans Boulevard offers excellent visibility and accessibility, enhancing its appeal to potential tenants and investors alike. Given the property's size and zoning, it presents a unique chance to create a significant return on investment in a thriving Texas market. The coordinates are 26.2195589 latitude and -98.1629777 longitude. This is a truly one-of-a-kind opportunity to acquire a large parcel of land suitable for a variety of commercial and residential projects. Don't miss this chance to secure a valuable asset in a rapidly developing area.

Property profile

Verified
Property type Land
Lot 3.48 ac (151,589 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

00 Veterans Blvd Pharr, TX 78577
Pharr metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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