Property profile

& Las Milpas Jackson Rd Pharr, TX 78577

OFF-MARKET
Land
23.87 ac lot
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Property summary

AI-generated overview

This exceptional 23.87-acre tract is situated at the southeast corner of Jackson Road and Las Milpas Road in Pharr, Texas, within the Valley View ISD. Its strategic location offers unparalleled visibility and high traffic counts, making it ideal for a variety of commercial and agricultural uses. The property is zoned for Heavy Commercial/Agricultural use, allowing for diverse development options. Potential uses include a mixed-use development incorporating a strip center, multi-family residential units, storage facilities, or industrial space. The high-density zoning further enhances development possibilities. Its proximity to major transportation arteries is a significant advantage. The property is 3.4 miles from the Pharr Bridge, 4.9 miles from the Hidalgo Bridge, 5.5 miles from Interstate 2, 5.7 miles from the McAllen Foreign Trade Zone, and 6.5 miles from McAllen International Airport. This prime location, combined with its substantial size and flexible zoning, presents a unique opportunity for investors seeking high-growth potential in a rapidly developing area. The area is experiencing significant population growth and retail development, ensuring a strong foundation for future success. This property offers a rare blend of accessibility, visibility, and development potential, making it an exceptional investment opportunity.

Property profile

Verified
Property type Land
Lot 23.87 ac (1,039,777 SF)

Cap rate & NOI

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

Location

& Las Milpas Jackson Rd Pharr, TX 78577
Pharr metro
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Value estimations

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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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