1213 Interstate 2 Pharr, TX 78577
- Specialty properties
- 10,500 SF
- 7.76 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 1213 Interstate 2
- Year built
- 1973
- Lot size
- 7.76 lot acres
- Property size
- 10,500 SF
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
This exceptional 7.76-acre commercial property in Pharr, Texas, presents a unique investment opportunity. Located at 1213 Interstate 2, this property boasts 10,500 square feet of leasable space, currently housing a leased building. The property's zoning (CO) allows for diverse uses, including a car lot or logistics center, making it highly adaptable to various business needs. Its prime location offers excellent accessibility from Expressway, Egly Street, and Sugar Road, ensuring high visibility and convenient access for customers and employees. The property also includes a double-wide mobile home currently serving as an office. An additional 2-acre tract is included in this offering. The existing lease provides immediate cash flow, while the expansive lot size and strategic location offer significant potential for future development and expansion. Built in 1973, this property is priced at $8,200,000, or $780.95 per square foot. The APN is K2400-00-000-0169-04. This is a rare opportunity to acquire a substantial commercial property with significant upside potential in a thriving Texas market. The property's versatility and prime location make it an ideal investment for discerning buyers seeking strong returns.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pharr
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1969
- Latitude
- 26.2032
