1901 Dicker DrPharr, TX 78577

  • Retail properties
  • 7,250 SF
For Lease
$21.02/SF/YR View listing

Property Details for 1901 Dicker Dr

Year built
2016
Lot size
0.64 AC
Property size (Sq ft)
7,250 SF
Zone code
CO
Property type
Retail properties
Property subtype
Strip malls
APN
C4478-00-000-0002-00
APU
C447800000000200

Description

This exceptional 28,013 square foot commercial land parcel presents a unique investment opportunity. Located at 1901 W Dicker Drive #4, this single-tenant property boasts unparalleled visibility and accessibility in a high-traffic commercial area. The site is ideally situated across the street from a Walmart Supercenter, ensuring consistent high foot traffic and brand recognition. Surrounding the property are numerous established national and regional restaurant chains, including Whataburger, Buffalo Wild Wings, and others, creating a vibrant and bustling commercial environment. Additional nearby businesses include Wingstop, Buck's Pizza, Dollar Tree, and a Stripes convenience store. The property's proximity to Valley View High School and the Orangewood East Subdivision further enhances its appeal and potential for a wide range of commercial uses. The lot offers ample parking with six spaces available. The property's zoning and permitted uses should be independently verified. This is an exceptional opportunity to acquire a strategically located commercial land parcel in a thriving retail corridor. The property's size and location make it suitable for a variety of commercial developments. The site's high visibility and proximity to major retailers and residential areas offer significant potential for long-term growth and return on investment. This is a rare opportunity to secure a prime commercial location in a rapidly developing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,464,558
    6.5%
    $1,351,900
    7%
    $1,255,335
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,575,446
    Geo Method
    $4,152,223
  • Alternative Use

    Use
    Valuation
    Residential
    $1,140,378
    Hospitality
    $1,044,580
    Educational
    $869,078
    Medical
    $898,967
    Retail
    $1,351,900
1901 Dicker Dr, Pharr, Texas

Location Insight

City
Pharr
County
Hidalgo
State
Texas
Latitude
26.1255
Longitude
-98.2154
CBSA code
32580
CBSA name
MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$25,091
$352,976
$522,349
$875,325
-
$352,976
$522,349
$875,325

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