Property profile

407 State Ave Pharr, TX 78577

OFF-MARKET
Warehouses
Property ID
US82-9096557
10,296 SF 0.44 ac lot Built 2013
Individually Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A warehouse, built in 2013, offers 10,296 square feet of single-tenant space, ideal for a variety of industrial uses. Located at 407 W State Ave, Pharr, TX 78577, this property sits on a 0.44-acre lot and boasts convenient access to major transportation arteries, including Expressway 83 and US Highway 281. The building features three large roll-up doors, facilitating efficient loading and unloading. The fully air-conditioned interior provides a comfortable and productive work environment, suitable for manufacturing or professional services. Three-phase electricity is available, catering to businesses with significant power demands. Security is enhanced by a gated access system, ensuring peace of mind for tenants. Ample parking is provided with eight designated spaces. This state-of-the-art warehouse is ready for immediate occupancy, presenting a unique opportunity for businesses seeking a modern and strategically located facility in the thriving Pharr, Texas market. The property's proximity to railroad tracks further enhances its logistical advantages. The entire 10,296 square feet is currently vacant.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2013
Total area 10,296 SF
Lot 0.44 ac (19,084 SF)
APN P6400-00-000-0000-15
UPID US82-9096557

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

407 State Ave Pharr, TX 78577-3771
Pharr metro Census 21500 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2020
4 recorded transactions
2020
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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