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    Property profile & analytics

    407 N Veterans Blvd Pharr, TX 78577

    • Car washes
    • 3,024 SF
    • 0.58 lot acres
    For Sale
    View listing
    $390,000
    Value Estimation
    Location Intelligence
    Property ID
    US82-3016074
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Car washes

    Property Details for 407 N Veterans Blvd

    Year built
    1999
    Lot size
    0.58 lot acres
    Property size
    3,024 SF
    Zone code
    CO
    Property type
    Car washes
    APN
    C1293-02-000-0001-00
    APU
    C129302000000100

    Description

    This exceptional 0.5-acre commercial lot, located at 407 N Veterans Blvd in Pharr, Texas (Hidalgo County, zip code 78577), is offered at $500,000. Zoned for commercial use (APN: C1293-02-000-0001-00), this property boasts a highly desirable location near the intersection of Veterans Boulevard and Business 83, providing unparalleled visibility from Interstate 2. Its strategic position within the Rio Grande Valley offers easy access to residential areas, thriving business districts, and essential services. The site's high visibility and convenient location make it an attractive investment opportunity for a variety of retail developments. This is a rare chance to acquire a prime piece of land in a rapidly growing area, perfectly suited for businesses seeking maximum exposure and accessibility. The property's proximity to major thoroughfares ensures high traffic volume, translating to significant potential for customer engagement and business success. Don't miss this opportunity to secure a prominent location for your next retail venture in the heart of Pharr, Texas.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $380,000

    • CAP approach

      CAP return
      Estimation
      6%
      $525,000
      6.5%
      $455,000
      7%
      $480,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $445,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $585,000
      Retail
      $585,000
      Mixed-Use
      $530,000
      Hospitality
      $515,000
      Educational
      $525,000
      Residential Income
      $435,000
      Energy
      $585,000
      Income-Based Land
      $520,000
      Food Service
      $515,000

    Location Insight

    • Map
    • Local Demand
    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1673
    Latitude
    26.1965
    CBSA code
    32580
    CBSA name
    MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $6,008
    $136,868
    $77,319
    $214,187
    -
    $136,868
    $77,319
    $214,187

    Comparable in this City

    • Value Estimation
      $420,000
      1,680 SF

      7111 Cage Blvd

      CAR WASH • 1,680 SF
      7111 Cage Blvd, Pharr, TX 78577-9339
      View Details
    • Value Estimation
      $610,000
      1,488 SF

      Ss Cage Blvd At E Hall Acres Rd Rd

      CAR WASH • 1,488 SF
      Ss Cage Blvd At E Hall Acres Rd Rd, Pharr, TX 78577
      View Details
    • Value Estimation
      $530,000
      2,762 SF

      1313 Nolana Loop

      CAR WASH • 2,762 SF
      1313 Nolana Loop, Pharr, TX 78577
      View Details
    • Value Estimation by Request
      2,112 SF

      1115 Jackson Rd

      CAR WASH • 2,112 SF
      1115 Jackson Rd, Pharr, TX 78577-6639
      View Details
    • Value Estimation
      $360,000
      2,380 SF

      120 Cage Blvd

      CAR WASH - SELF-SERVE • 2,380 SF
      120 Cage Blvd, Pharr, TX 78577-3903
      View Details
    • Value Estimation
      $450,000
      2,678 SF

      1424 Nolana Loop

      CAR WASH - SELF-SERVE • 2,678 SF
      1424 Nolana Loop, Pharr, TX 78577
      View Details

    Similar Nearby for Sale

    • $380,000
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      Pharr Commercial Property on Veterans

      Commercial property on high-traffic street, suitable for various businesses.
      3301 N Veterans Blvd, Pharr, TX 78577
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    • $390,000
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      Pharr Commercial Space For Lease

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      Heb Grocery Center Retail Space

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    Pharr, TX 78577
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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