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1401 W Polk Ave
Pharr, TX 78577
Office Property For Sale
Executive Summary
This was previously an attorney's office, the complex consists of three buildings........all suitable for use as separate offices. The lower building on west end is a recording studio which is very well designed and constructed. There is also an upstairs building which had a Photo Studio and is intact for use as a photo studio. ... The buildings square footage are as follows; 5322,2518, 2557 which in total are 10,397 with 42 Parking spaces.(more may be added in rear)...The location is just west of the Expressway which easily connects to the entire Rio Grande Valley in all directions. This building is bordering El Centro Mall and the Movie Theater/ Pappaduex and many more national Brands. The owner is presently remodeling the buildings' interior and repairing parking lot and Landscaping .
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
10,397 SF
Building Class
C
Year Built
1984
Price
$2,450,000
Price Per SF
$235.64
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,397 SF
Building FAR
0.19
Lot Size
1.24 AC
Opportunity Zone
Yes
Zoning
C-3 General Commercial - General Commercial. 42 parking spaces.
Parking
42 Spaces (4.04 Spaces per 1,000 SF Leased)
Amenities
- Reception
- Air Conditioning
Property Taxes
| Parcel Number | M0155-00-000-0001-00 | Improvements Assessment | $584,476 |
| Land Assessment | $248,594 | Total Assessment | $833,070 |
Property Taxes
Parcel Number
M0155-00-000-0001-00
Land Assessment
$248,594
Improvements Assessment
$584,476
Total Assessment
$833,070
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