830 Del Oro LnPharr, TX 78577

Property Details for 830 Del Oro Ln

Year built

2019

Lot size

0.25 AC

Property size (Sq ft)

5,700 SF

Zone code

CO

Property type

Office buildings

APN

L6430-00-001-0002-00

APU

L643000001000200

Description

This exceptional 2,800 square foot commercial property, located at 830 Del Oro Lane in Pharr, Texas, presents a unique investment opportunity. Situated on a 0.25-acre lot, the property boasts a flexible layout currently divided into a retail storefront at the front and a painting studio at the rear. This adaptable design allows for a variety of business uses, catering to diverse entrepreneurial ventures. The property's prime location within a thriving plaza offers significant advantages. The plaza is home to a diverse range of established businesses, including a doctor's office, pharmacy, attorney's office, counseling services, beauty salon, political office, and dance studio, ensuring high visibility and foot traffic. This established commercial environment provides a supportive and synergistic atmosphere for new businesses. The property is priced at $400,000, and owner financing is available, making this an attractive option for prospective buyers. Don't miss this chance to secure a thriving commercial space in a high-demand area of Pharr, Texas. The property's versatility and prime location make it an ideal investment for a wide range of business owners seeking a successful and established commercial environment.

• CAP approach

  CAP return

  Valuation

  6%

  $783,296

  6.5%

  $723,043

  7%

  $671,397

• Comparable approach

  Method

  Valuation

  Relative Method

  $491,518

  Geo Method

  $1,295,439

• Alternative Use

  Use

  Valuation

  Residential

  $896,573

  Hospitality

  $821,256

  Educational

  $683,275

  Medical

  $706,774

  Retail

  $1,062,873

Location Insight

City

Pharr

County

Hidalgo

State

Texas

Latitude

26.2146

Longitude

-98.1923

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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