1617 W Polk Ave Pharr, TX 78577
This exceptional 4,840 square foot free-standing commercial property, built in 2018, presents a unique investment opportunity in Pharr, Texas. Currently operating as a successful BBQ restaurant and beer garden, the property boasts a prime location adjacent to Cinemark and the Pharr Town Centre, ensuring high visibility and foot traffic. The building features a spacious 1,295 square foot outdoor patio ideal for al fresco dining, enhancing the overall dining experience. A dedicated 675 square foot smoker/pit area is included, a key asset for any BBQ establishment. Further adding to its convenience, the property includes a drive-thru for efficient customer service. The restaurant is fully equipped and ready for immediate operation, offering a true turnkey solution for a new owner. Situated on a 1.29-acre lot, the property enjoys excellent accessibility, positioned east of the intersection of North Jackson Road and Polk Avenue, with easy access to Business Highway 83 and Interstate 2. The surrounding area boasts a substantial population base, with 110,444 residents within a 3-mile radius, providing a strong customer base for any business. This presents a rare chance to acquire a well-established and profitable business in a highly desirable location. The property is priced at $1,695,000.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CO · Pharr, TXCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.