3301 Veterans BlvdPharr, TX 78577

Property Details for 3301 Veterans Blvd

Year built

2010

Lot size

0.28 AC

Property size (Sq ft)

460 SF

Property type

Office properties

Property subtype

Office buildings

APN

P5348-00-000-0001-00

APU

P534800000000100

Description

This exceptional 12,005.136 square foot commercial property, located at 3301 N Veterans Boulevard in Pharr, Texas, presents a unique investment opportunity. Built in 2010, the land is zoned for commercial and restaurant use, offering significant versatility for a variety of businesses. Currently configured as a car lot, the property boasts a substantial 9,900 square feet of asphalt paving, ideal for parking or additional development. The existing building includes a reception area, a private office, and two restrooms, providing immediate functional space. Security features include beam motion sensors strategically placed throughout the property, ensuring peace of mind. The entire lot is fully enclosed by a chain-link fence, enhancing security and providing a defined perimeter. This high-traffic location in Hidalgo County, Texas (zip code 78577), offers excellent visibility and accessibility, making it an attractive proposition for entrepreneurs seeking a thriving commercial space. The asking price for this remarkable property is $380,000. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $69,904

  6.5%

  $64,526

  7%

  $59,917

• Comparable approach

  Method

  Valuation

  Relative Method

  $43,468

  Geo Method

  $104,544

• Alternative Use

  Use

  Valuation

  Residential

  $80,013

  Hospitality

  $73,291

  Educational

  $60,978

  Medical

  $63,075

  Retail

  $94,854

Location Insight

City

Pharr

County

Hidalgo

State

Texas

Latitude

26.2204

Longitude

-98.1632

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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