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    Property profile & analytics
    OFF-MARKET Estimated value $1,230,000
    Strip malls

    7311 Jackson Rd, Pharr, TX 78577-0333

    22,520 SF 1.69 ac lot Built 2018
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US82-5448625
    Property summary
    AI-generated overview

    This exceptional 1.694-acre commercial land parcel in Pharr, Texas, presents a unique investment opportunity. The property boasts a newly constructed, single-tenant building currently occupied by a Dollar Tree store, offering immediate cash flow potential. With a total building area of 1,960 square feet, the site provides ample space for the anchor tenant and potential for future expansion or development. The property includes five parking spaces, ensuring convenient access for customers. Its strategic location at 7311 S Jackson Road, Pharr, TX 78577 (APN: P295100000000100), places it in a high-growth retail corridor, directly across from a Walmart in nearby Hidalgo, TX. The property's zoning is classified as "C," allowing for a variety of commercial uses. Furthermore, its proximity to major thoroughfares leading to and from the McAllen-Reynosa International Bridge and the Pharr-Reynosa International and Cargo Bridge provides exceptional accessibility and high visibility for businesses. This prime location offers significant advantages for attracting customers and maximizing return on investment. The property's strong anchor tenant and strategic location make it an ideal acquisition for investors seeking a stable, high-growth commercial investment in a thriving Texas market.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2018
    Total area 22,520 SF
    Lot 1.69 ac (73,782 SF)
    APN P2951-00-000-0001-00
    UPID US82-5448625
    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
    by Request
    Blend (final) Blend
    $1.23M
    Owner & transaction history
    Notoopharr LLC · 8 yrs held
    Notoopharr LLC
    since 2017
    7 recorded transactions
    2022
    2017
    2017
    2017
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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