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Property profile & analytics
OFF-MARKET Estimated value $2,445,000
Office buildings

312 Nolana Loop Pharr, TX 78577-8396

16,170 SF 1.88 ac lot Built 2011
Entity Owned 5-yr Hold Free & Clear
Property ID
US82-9741655
Property summary
AI-generated overview

This exceptional commercial property, located at 312 W Nolana Loop in Pharr, Texas, presents a unique investment opportunity. The property, built in 2011, encompasses a substantial 30,492 square foot lot and features a three-story building offering over 16,000 square feet of versatile commercial space. Ideal for a mixed-use development, the building is well-suited for first-floor retail tenants and multi-floor office spaces. Its strategic location near the intersection of Nolana and Highway 281 in Hidalgo County provides excellent visibility and accessibility, making it an attractive proposition for a wide range of businesses. Ample parking is available on-site, adding to the property's convenience and appeal. The asking price for this prime commercial real estate is $6,000,000. This property is situated in a rapidly developing trade area within Pharr, offering significant growth potential for the astute investor. The property's size, location, and adaptability make it a compelling investment in a thriving Texas market. The 78577 zip code further underscores its position within a dynamic and expanding commercial sector.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2011
Total area 16,170 SF
Lot 1.88 ac (82,063 SF)
APN N2840-00-000-0003-00
UPID US82-9741655
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.16M
Blend (final) Blend
$2.45M
Owner & transaction history
Blue Sunrise Investments LLC · 5 yrs held
Blue Sunrise Investments LLC
since 2020
4 recorded transactions
2021
Price N/A
2020
$908,990
2017
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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