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    OFF-MARKET
    Commercial real estate

    2811 Veterans Blvd, Pharr, TX 78577

    2,715 SF 0.4 ac lot Built 2014
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2014
    Total area 2,715 SF
    Lot 0.4 ac (17,424 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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