0 Military Hwy Pharr, TX 78577
This exceptional 114-acre industrial land parcel presents a compelling investment opportunity in Pharr, Texas. Strategically located along East Military Highway in Hidalgo County, this shovel-ready site boasts unparalleled access to major transportation arteries and a thriving regional economy. The property's prime location is adjacent to the planned 365 Tollway, a crucial east-west trade corridor serving approximately 800,000 residents and five international ports of entry. This 12.2-mile highway will run parallel to the Texas-Mexico border, extending from the Anzalduas Port of Entry to the Pharr/Reynosa International Bridge. The site is ideally positioned to capitalize on the projected surge in cross-border trucking, forecast to increase from 5.6 million trucks in 2019 to an estimated 14.9 million by 2050. The 365 Tollway will feature two lanes in each direction, complemented by frontage roads, ensuring seamless connectivity and efficient logistics. Furthermore, this property offers direct access to the Hidalgo County Loop System, a roughly 120-mile network connecting to all five international ports of entry. This presents a unique chance to develop a significant industrial project within a high-growth area experiencing substantial economic expansion. The asking price for this exceptional property is $3,740,000. The zip code is 78577.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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