Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2600 10 St Pharr, TX 78577

    • Land
    • 92.00 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2600 10 St

    Lot size
    92.00 lot acres
    Property type
    Land

    Description

    This exceptional 92-acre commercial land parcel presents a unique investment opportunity in Hidalgo County, Texas, within the greater McAllen MSA. Strategically located in Hidalgo, this property boasts a Commercial & Light Industrial zoning designation, allowing for diverse development options. The site is ideally situated for mixed-use projects, including strip centers, multi-family housing, storage facilities, or industrial uses. With a minimum 10-acre purchase option, the land offers flexibility for various project scales. The property's prime location offers convenient access to major transportation arteries and infrastructure. It's approximately 5.5 miles from the Pharr International Bridge, 2 miles from the Hidalgo International Bridge, 6.7 miles from the Anzalduas International Bridge, 5.3 miles from McAllen International Airport, and 3 miles from the McAllen Foreign Trade Zone. Adjacent to the State Farm Arena, this location benefits from high visibility and proximity to established amenities. The total acreage is divisible, with options for approximately 80 acres or 12 acres. This presents a rare chance to acquire a substantial land holding in a thriving Texas market with excellent connectivity and development potential. The property is ready for immediate development.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1885
    Latitude
    26.151

    Comparable in this City

    • Value Estimation by Request

      1200 Interstate 2

      Office properties & Spaces
      1200 Interstate 2, Pharr, TX 78577
      View Details
    • Value Estimation by Request
      2,628 SF

      404 Bldg A

      Land • 2,628 SF
      404 Bldg A, Pharr, TX 78577
      View Details
    • Value Estimation by Request
      0.62 Acres

      1050 Polk Ave

      Land • 0.62 Acres
      1050 Polk Ave, Pharr, TX 78577
      View Details
    • Value Estimation by Request
      1.25 Acres

      601 Veterans Blvd

      Land • 1.25 Acres
      601 Veterans Blvd, Pharr, TX 78577
      View Details
    • Value Estimation by Request

      01 Minnesota Rd

      Land
      01 Minnesota Rd, San Juan, TX 78577
      View Details
    • Value Estimation by Request

      1009 Interstate 2

      Office properties & Spaces
      1009 Interstate 2, Pharr, TX 78577
      View Details

    Similar Nearby for Sale

    • $850,000

      Pharr Restaurant & Warehouse Sale

      Prime Commercial Property, Texas
      901 Cage Blvd, Pharr, TX 78577
      View Details
    • $339,000

      Pharr Warehouse: $339,000

      Downtown Pharr warehouse, 16,117 sq ft lot.
      503 State Ave, Pharr, TX 78577
      View Details
    • $195,000

      Pharr Commercial Lot - $195K

      Prime Commercial Land, High Traffic Area
      100 Dicker Dr, Pharr, TX 78577
      View Details
    • $579,783
      1.21 Acres

      Pharr Commercial Land - $579K

      Prime 1.21-acre pad site in Pharr, TX.
      1511 Nolana Loop, Pharr, TX 78577
      View Details
    • $100,000
      0.15 Acres

      Pharr Commercial Land: $100K

      0.15-acre lot, high traffic area.
      2418 Cage Blvd, Pharr, TX 78577
      View Details
    • Contact for pricing
      92.00 Acres

      Prime Hidalgo County Commercial Land

      92 Acres, Ideal Mixed-Use Development
      2600 10 St, Pharr, TX 78577
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,628 SF

      Wood Row Plaza: Prime Retail Space

      High-traffic retail space, 2,628 sq ft.
      404 Bldg A, Pharr, TX 78577
      View Details
    • $1.19 SF/Yr
      3,036 SF

      Pharr Executive Office Space

      Prime Pharr Office, 3,036 sq ft
      1431 Polk Ave, Pharr, TX 78577
      View Details
    • Contact for pricing
      7,200 SF

      Pharr Retail Center - Prime Location

      7,200 SF Retail Space, High Traffic Area
      404 Bldg A, Pharr, TX 78577
      View Details
    • $10 SF/Yr
      13,832 SF

      Prime Warehouse on 1 Acre Lot

      Spacious Warehouse, Ideal Location, Secure
      9102 Austin Dr, Pharr, TX 78577
      View Details
    • Contact for pricing

      Fenced Storage Yard for Lease

      Fenced storage yard available for lease in Pharr, TX.
      3225 N Sugar Rd, Pharr, TX 78577
      View Details
    • $70 SF/Yr

      Fenced Storage Yard for Rent

      2.5-acre fenced storage yard with automatic gate and camera.
      451 W Nolana Loop, Pharr, TX 78577
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2600 10 St
    Pharr, TX 78577
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!