1301 Polk AvePharr, TX 78577

  • Other commercial real estate
  • 1.46 AC
For Lease

Property Details for 1301 Polk Ave

Year built
2010
Lot size
1.46 AC
Property type
Other commercial real estate
APN
V3280-00-000-0003-00
APU
V328000000000300

Description

This exceptional 14,200-square-foot restaurant space is ideally situated within The Oasis at Pharr Town Center, a vibrant new dining and entertainment development in Pharr, Texas. The property boasts a prime location adjacent to Pharr Town Center at 500 N. Jackson Road, offering high visibility and convenient access. The entire 14,200 square feet is currently vacant, presenting a unique opportunity for a single tenant to establish a flagship location. The development is designed to become the area's premier restaurant row, attracting a diverse clientele. This location benefits from its proximity to upscale retailers such as Academy and Main Event, ensuring high foot traffic and a strong customer base. The property includes ample parking with 308 spaces available for patrons. The site sits on 3.63 acres of land and is zoned for commercial use. The address is 1301 W Polk Ave, Pharr, TX 78577, conveniently located near Polk Avenue. This is a rare chance to secure a substantial space in a thriving, upscale development poised for significant growth within the Pharr submarket. The property offers a dynamic culinary and entertainment experience, making it an attractive destination for both locals and visitors. This presents an unparalleled opportunity for a restaurant concept seeking a prominent location in a rapidly developing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,014,406
    Hospitality
    $9,173,142
    Educational
    $7,631,946
    Medical
    $7,894,420
    Retail
    $11,871,916
1301 Polk Ave, Pharr, Texas

Location Insight

City
Pharr
County
Hidalgo
State
Texas
Latitude
26.204
Longitude
-98.1758
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
$16,652
$507,501
$86,159
$593,660
-
$507,501
$86,159
$593,660

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