916 International Blvd Pharr, TX 78577
This exceptional 46.04-acre special purpose property, located at 916 International Boulevard, presents a unique investment opportunity. The single-tenant building boasts 46,752 square feet and offers 100 parking spaces. Its strategic location near the McAllen Hidalgo International Bridge, the United States' 5th busiest border crossing, ensures high visibility and significant traffic flow. Benefit from the confluence of US and Mexican markets, creating a substantial customer base. Annual traffic counts are impressive: 15,679,128 entries in 2022 (averaging 42,957 daily entries), 2,069,123 foot traffic annually (5,668 daily), and 9,701,948 vehicle traffic annually (26,580 vehicles daily). The property is zoned CO and has an APN of 1006200000000040. The lease is a NNN type, with a rate of $0.31 per square foot per month, totaling $3.72 per square foot annually. This prime location near major national retailers makes it ideal for businesses seeking high exposure and substantial growth potential in a dynamic cross-border market. The property's size and strategic placement offer unparalleled access to a large and diverse customer base.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.