3601 Eldora Rd, Pharr, TX 78577
US-281 Plaza, located at 3601 E Eldora Rd in Pharr, Texas, presents a compelling investment opportunity. This two-building, single-story retail and office complex totals 16,501 square feet, offering multiple suites for lease. The property boasts 11,605 square feet of vacant space, with a minimum leasable area of 1,000 square feet and a maximum contiguous space of 7,605 square feet. The fifteen available suites are situated in a high-traffic area along Highway 281, providing exceptional visibility and accessibility. The property's location within the Rio Grande Valley's Pharr submarket places it amidst established national retailers, ensuring a strong commercial presence. The Hidalgo County location, with APN A2662-00-000-00C1-00 and zip code 78577, offers a strategic advantage for businesses seeking a thriving commercial environment. This second-generation space provides flexible leasing options, making it suitable for a diverse range of businesses. The property's prime location and high visibility make it an ideal choice for businesses seeking to establish or expand their operations in the Rio Grande Valley. The property's convenient access and surrounding commercial activity contribute to its significant growth potential. This is a rare opportunity to secure office space in a highly desirable location.
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
Costs & 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.