2811 Veterans Blvd, Pharr, TX 78577
This exceptional 2,715 square foot commercial property, situated on a 0.4-acre lot at 2811 N Veterans Boulevard in Pharr, Texas, presents a unique investment opportunity. The property is currently configured as a thriving event center, boasting a captivating palapa and a sparkling blue pool as its focal points. This creates an idyllic tropical atmosphere, perfect for weddings, corporate gatherings, or private celebrations. Ample parking is available on the landscaped grounds, ensuring convenient access for all guests. The venue is fully equipped with a functional bar and kitchen, allowing for seamless catering and beverage service. The property's prime location in Pharr, Texas, guarantees high visibility and accessibility, attracting a wide range of potential clients. This turnkey operation offers immediate income potential, making it an attractive investment for savvy entrepreneurs seeking a profitable venture in a desirable market. The existing infrastructure and established clientele provide a solid foundation for continued success and growth. The property's versatility allows for potential expansion or adaptation to suit evolving market demands. This is a rare opportunity to acquire a well-established and profitable event center in a thriving Texas community. The combination of attractive aesthetics, functional amenities, and prime location makes this property a truly exceptional investment. The asking price is $925,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.