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    OFF-MARKET
    Office Spaces

    213 Interstate 2 Hwy, Pharr, TX 78577

    Built 1995
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1995
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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