312 Nolana Loop Pharr, TX 78577-8396
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.
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.