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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Retail space
500 Jackson Rd RD5 Pharr, TX 78577-2109
Entity Owned
Absentee Owner
Free & Clear
Property ID
US82-6536452
Property summary
AI-generated overview
Pharr Town Center, a Class A, 470,000 square foot retail center located at 500 N. Jackson Road, Pharr, TX, offers multiple suites for lease. Built in 2016, this single-story center boasts a prime location near W. Polk Avenue and features 2,607 parking spaces. Tenants currently include Academy, Main Event, TJ Maxx, Joann's, Ross Dress for Less, Five Below, Cost Plus World Market, and Cinemark Theatres. The property is zoned commercial and situated in the Pharr submarket. Individual suites range from a minimum of 3,169 square feet to a maximum contiguous space of 19,084 square feet, with a total of 38,484 square feet currently vacant. The center is designed to accommodate a variety of retail uses, including medical and indoor sports facilities. Utilities, including power, are available. This high-performing shopping center benefits from its proximity to Topgolf, further enhancing its appeal and drawing significant foot traffic. The property presents a unique opportunity for businesses seeking a prominent location within a thriving retail environment. The center's impressive tenant roster and strategic location make it an ideal investment for discerning businesses.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2017
Total area
2,711 SF
Lot
0.7 ac (30,405 SF)
APN
E3931-03-000-010B-00
UPID
US82-6536452
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
$565k
Comparable Approach
Comparable
$542k
Blend (final)
Blend
$555k
Owner & transaction history
PTC TX HOLDINGS LLC
PTC TX HOLDINGS LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$360,000
+0.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pharr submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pharr submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$610,000
6.5%
$565,000
7%
$525,000
Alternative Use
Use
Estimation
RETAIL STORES
$355,000
Current use
OFFICE BUILDING
$360,000
Change: +1% · Conversion: Easy
AUTO REPAIR, GARAGE
$350,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$205 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$15,548
Tax year 2022
Assessed value
$554,312
Assessed 2023
Previous assessed
$554,312
+0.0% YoY
Effective rate
2.80%
On assessed value
Assessed land
$288,849
Assessed improvement
$265,463
Land market value
$288,849
Improvement market value
$265,463
Total market value
$554,312
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2017
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,711 SF
Lot
0.7 ac (30,405 SF)
APN
E3931-03-000-010B-00
UPID
US82-6536452
Jurisdiction
HIDALGO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$355,000
OFFICE BUILDING
Est. value
$360,000
AUTO REPAIR, GARAGE
Est. value
$350,000
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
PTC TX HOLDINGS LLC
Entity
Free & Clear · 0 yrs held
Mailing address
7800 WASHINGTON AVE STE #800, HOUSTON, TX 77007-4625
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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