1209 E Nolana Loop
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1209 E Nolana Loop
1.51 Acres of Commercial Land Offered at £489,031 in Pharr, TX 78577
Investment Highlights
- 1.51 ACRES COMMERCIAL LOT ONE MILE EAST OF 281.
- Owner finance available
- Easy access
- Great location for potential plaza
Executive Summary
LOCATION! LOCATION! LOCATION! 1.51 Acres VACANT LOT on E. Nolana, 1 mile East of 281. The lot includes a building currently used as a restaurant, generating monthly rental income, contract expires March 2023. The building is included with the purchase of the vacant lot. This great commercial lot is in close proximity to the new "Pharr Wellness & Innovation complex", a City of Pharr $10,000,000 facility, and in close proximity to "Plaza Sports Complex". The lot is a rectangle (survey available), with 116 ft facing Nolana and 559 ft deep. Don't waste this great opportunity
Financial Summary (Actual - 2021) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2021) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
| Price | £489,031 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.51 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | £489,031 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.51 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | £489,031 | Lot Size | 1.51 AC |
| Price Per AC | £323,862 |
| Price | £489,031 |
| Price Per AC | £323,862 |
| Lot Size | 1.51 AC |
LOCATION! 1.51 Acres VACANT LOT on E. Nolana, 1 mile East of 281. The lot includes a building currently used as a restaurant, generating monthly rental income, contract expires March 2023. The building is included with the purchase.
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PROPERTY TAXES
| Parcel Number | K2400-00-000-0097-11 | Total Assessment | £296,919 (2023) |
| Land Assessment | £198,145 (2023) | Annual Taxes | -£1 |
| Improvements Assessment | £98,775 (2023) | Tax Year | 2021 |
PROPERTY TAXES
Parcel Number
K2400-00-000-0097-11
Land Assessment
£198,145 (2023)
Improvements Assessment
£98,775 (2023)
Total Assessment
£296,919 (2023)
Annual Taxes
-£1
Tax Year
2021
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1209 E Nolana Loop
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