Pharr, Texas, is an attractive location for investors seeking to purchase industrial properties, given its strategic position along the Rio Grande and proximity to the Mexican city of Reynosa. Industrial properties in Pharr offer a range of investment opportunities, from manufacturing and logistics facilities to warehouses and distribution centers. These properties can provide a stable source of income through rental agreements or can be used as a base for business operations. Pharr's infrastructure, including the Pharr-Reynosa International Bridge and Interstate 2, makes it an ideal location for companies involved in trade and commerce. The city's humid subtropical climate and average annual precipitation of 21.0 inches also make it suitable for various industries. Additionally, Pharr is home to several major employers, including the Pharr-San Juan-Alamo Independent School District and the University of Texas Rio Grande Valley, which contribute to the local economy. The city's amenities, such as the Pharr Memorial Library and South Texas College, also make it an attractive location for businesses and residents alike.
Pharr's industrial properties are situated in a prime location, with easy access to major transportation routes and international trade opportunities. With 13 industrial properties for sale in Pharr, investors have a range of options to choose from, including properties with average prices per square foot of $141 USD and average sizes of 71,890 square feet. The largest industrial property available in Pharr spans 713,916 square feet. In addition to industrial properties, Pharr also offers other types of properties for sale, including warehouses, which can be used for storage and distribution purposes. Land is also available for purchase, providing opportunities for development and construction projects. Apartment buildings and commercial real estate properties are also available, offering investors a range of options for rental income and business operations. Overall, Pharr's diverse range of properties and strategic location make it an attractive location for investors seeking to purchase industrial properties.
What is the average price per square foot for industrial properties in Pharr?
The average price per square foot for industrial properties in Pharr is $141 USD, with an average size of 71,890 square feet and a largest size of 713,916 square feet, among the 13 available listings.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Pharr, Texas, as they directly impact the ease of doing business, logistics, and supply chain management.
- Proximity to the Pharr-Reynosa International Bridge, which connects Pharr to Reynosa, Mexico, makes industrial properties in Pharr highly desirable for companies involved in international trade, thereby increasing their value.
- Easy access to Interstate 2 (US Route 83), which runs east-west through the city, provides industrial property owners with convenient transportation options, reducing logistics costs and increasing property values.
- The availability of 13 industrial properties for sale in Pharr, with an average price per square foot of $141 USD and an average size of 71,890 square feet, demonstrates the high demand for industrial properties in this location.
