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Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Industrial properties
703 Nolana Loop Pharr, TX 78577-9535
Entity Owned
Free & Clear
Property ID
US82-2167453
Property summary
AI-generated overview
This exceptional retail opportunity presents a freestanding shopping center situated along West Nolana Loop, conveniently located just west of Highway 281 in Hidalgo County. The property offers a total of 5,932 square feet of leasable space, with several flexible configurations available to suit diverse business needs. Multiple pad sites are available, providing build-to-suit, ground lease, or sale options. Individual spaces range from 860 square feet to 5,380 square feet, catering to a variety of retail concepts. Potential tenants can choose from several pre-planned layouts. Option 1 offers a single 5,380 square foot pad, ideal for a restaurant. Option 2 provides a 2,400 square foot restaurant pad alongside two 860 square foot retail pads. Option 3 features a 3,235 square foot restaurant pad and a second 1,720 square foot restaurant pad. This property is perfect for businesses seeking high visibility and convenient access in a thriving commercial area. There are no elevators on the property. This versatile property offers significant potential for growth and success. Contact us today to explore the possibilities and secure your ideal space.
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2007
Total area
10,000 SF
Lot
0.92 ac (39,940 SF)
APN
J0410-02-000-0002-00
UPID
US82-2167453
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
by Request
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.05M
Owner & transaction history
Tjb Enterprises LLC
Tjb Enterprises LLC
since 2026
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.3M
+44.1%
Retail stores
$1.3M
+43.1%
Auto repair, garage
$1.3M
+40.1%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$915,000
Current use
OFFICE BUILDING
$1,320,000
Change: +44% · Conversion: Easy
RETAIL STORES
$1,310,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,285,000
Change: +40% · Conversion: Difficult
RESTAURANT
$1,215,000
Change: +32% · Conversion: Difficult
MEDICAL BUILDING
$1,030,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±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
$105 / 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
$24,069
Tax year 2022
Assessed value
$858,115
Assessed 2023
Previous assessed
$858,115
+0.0% YoY
Effective rate
2.80%
On assessed value
Assessed land
$213,684
Assessed improvement
$644,431
Land market value
$213,684
Improvement market value
$644,431
Total market value
$858,115
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
2007
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
10,000 SF
Lot
0.92 ac (39,940 SF)
APN
J0410-02-000-0002-00
UPID
US82-2167453
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
COMMERCIAL (GENERAL) Current
Est. value
$915,000
OFFICE BUILDING
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
RESTAURANT
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
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
2007
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Tjb Enterprises LLC
Entity
Free & Clear · 0 yrs held
Mailing address
10101 KEYSTONE, PHARR, TX 78577-2721
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2026
—
Tjb Enterprises LLC
San Rey Properties LLC
Warranty Deed
—
Jun 14, 2016
—
San Rey Properties LLC
—
Deed
related
$470,000 · Compass Bank
May 30, 2013
—
San Rey Properties LLC
G & G Real Investments LLC
Warranty Deed
$520,000 · Lone Star National Bank
Nov 14, 2011
—
G & G Real Investments LLC
Bank Of South Tx
Grant Deed
$468,000 · Bank Of South Tx
Jun 14, 2011
$475,000
Bank Of South Tx
Lemke,darryl K
Trustees Deed
related
—
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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