213 Interstate 2 Hwy, Pharr, TX 78577
This exceptional investment opportunity presents a well-maintained office building situated at 213 W Interstate 2 Highway in Pharr, Texas, 78577. Built in 1995, this property boasts a total land area of 6,499.152 square feet and features two suites (A & B), each with independent entrances. Suite A is on a month-to-month lease, while Suite B is under a 12-month lease, ensuring immediate income potential. Each suite offers multiple offices, a conference room, and a common area kitchenette. Unit A includes three private offices, a private restroom, and a common area lounge and restrooms. Both units benefit from ample front and back parking. The property's prime location on Expressway Highway 83, off Highway 281, guarantees high visibility and traffic. Excellent signage opportunities are available, both on the building's top and on a wall. The building also features a ready-made lobby and alley access to a back patio, providing additional parking or storage space. Utilities are separately metered for each unit (one water meter and one electric meter). Previously used as a law office, this versatile space is ideal for various commercial uses, including retail. This is a must-see property for investors seeking a strong return on investment in a high-traffic location.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.