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    OFF-MARKET
    Warehouses

    407 State Ave, Pharr, TX 78577-3771

    10,296 SF 0.44 ac lot Built 2013
    Individually Owned 5-yr Hold Free & Clear
    Property ID
    US82-9096557
    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
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Jose R Ponce · 5 yrs held
    Jose R Ponce
    since 2020
    4 recorded transactions
    2020
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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