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1032 W Sam Houston Blvd Pharr, TX 78577

Strip malls Google Maps
7,366 SF 0.73 ac lot Built 2018
Entity Owned 10-yr Hold Free & Clear
Estimated value (blended)
$410k
Range $369k – $451k (±10%)
Property ID US82-4717519

Property summary

AI-generated overview

Discover Sam Houston Plaza, a Class A, single-story, 12,560 square foot creative office and retail building in Pharr, Texas. Located at 1032 W Sam Houston Blvd, near Jackson Road & Sam Houston Boulevard, this 2018-built property offers 7 suites, with 7,011 square feet currently vacant. Individual suites range from a minimum of 1,500 square feet to a maximum contiguous space of 7,011 square feet, providing flexibility for various business needs. The property boasts 52 parking spaces and is zoned CO. Currently in shell condition, this first-generation space presents an exceptional opportunity for customization. Lease terms are available for 3-5 years, with an asking rent of $21.00 per square foot. A tenant improvement allowance is negotiable, based on lease length and rental rate, allowing for significant build-out flexibility. The 0.73-acre lot provides ample space and visibility. This property is ideal for businesses seeking a modern, adaptable workspace in a thriving Texas location. The property is easily accessible and offers excellent visibility. Don't miss this chance to establish your business in this exceptional space.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2018
Total area 7,366 SF
Lot 0.73 ac (31,999 SF)
Zoning code RS
APN T0890-00-000-0007-00
UPID US82-4717519

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

since 2016
4 recorded transactions
2017
Price N/A
2016
Price N/A
2006
Price N/A
1969
Price N/A

Zoning & alternative use

RS · Pharr, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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