1511 Nolana Loop, Pharr, TX 78577-0665
This exceptional 1.694-acre commercial land parcel, located at 1511 E Nolana Loop in Pharr, Texas, presents a compelling investment opportunity. The property features a single-tenant building totaling 1,675 square feet, ideal for a variety of retail uses. Its prime location within an established plaza ensures high visibility and accessibility, benefiting from significant existing traffic. The property boasts ample parking with 5 spaces available for customers and employees. The property's convenient location in Pharr, TX, zip code 78577, offers easy access to major roadways and a thriving local market. The property's APN is V325200000000100. This is a single-tenant property, making it an attractive option for investors seeking a straightforward and manageable investment. The existing building provides immediate income potential, while the substantial lot size offers possibilities for future expansion or development. This property is well-suited for a savvy investor looking for a strong return on investment in a high-traffic retail area. The property's location within a seasoned plaza ensures a steady stream of potential customers. This is a rare opportunity to acquire a well-positioned commercial property in a dynamic market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.