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1313 W Ferguson St

5,250 SF Retail Building Pharr, TX 78577 £367,104 (£70/SF)

Investment Highlights

  • Free Standing Building on .49 acre lot
  • Great Visibility in a High Traffic Area
  • Proximity to Interstate 2 and Expressway 83

Executive Summary

This 5,250-square-foot freestanding building is now available for acquisition, featuring a versatile layout that accommodates a range of business requirements. The property comprises 1,500 square feet designated for retail or showroom use, in addition to 3,750 square feet of warehouse or storage space, thereby providing outstanding functionality for mixed-use applications. Situated on a 0.49-acre lot, this property offers high visibility and convenient access to Interstate Highway 69 and Business Highway 83, establishing it as a prime location for enterprises. It is particularly suitable for businesses in need of a strategically located space with retail, warehouse, or storage capabilities. It is important to note that the property is currently tenant-occupied under a lease that extends until December 2025.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,250 SF
Building Class
C
Year Built/Renovated
1982/2000
Price
£367,104
Price Per SF
£70
Tenancy
Single
Number of Floors
1
Building FAR
0.33
Land Acres
0.37 AC
Opportunity Zone
Yes
Zoning
C3
Parking
6 Spaces (1.14 Spaces per 1,000 SF Leased)
Frontage
75 ft on West Ferguson Avenue

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
M2650-00-006-0008-09
Land Assessment
£167,424
Improvements Assessment
£64,192
Total Assessment
£231,617
  • Listing ID: 34092284

  • Date on Market: 05/12/2024

  • Last Updated:

  • Address: 1313 W Ferguson St, Pharr, TX 78577

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