Property profile

0 Military Hwy Pharr, TX 78577

OFF-MARKET
Warehouses
114 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Lot 114 ac (4,965,840 SF)

Cap rate & NOI

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

Location

Military Hwy 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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