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Las Milpas - 38.62 Gross Acres on Las Milpas Rd, Pharr, TX

38.62 Acres of Industrial Land Offered at $1,641,350 in Pharr, TX 78577

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Investment Highlights

Potential for rezoning to Light Industrial, subject to City of Pharr approvals

Options for an end user or investor.

Executive Summary

See Lot #3 on the attached aerial photos. Potential for a variety of uses, this property in the Las Milpas area of South Pharr is in agricultural use currently. Utilities are not right to the property, but in the near to site area, with neighboring developments planning to improve the area and bring utilities to and through this property. A gas line does run diagonally through this property, which will have to be planned around. The property directly to the east of this property was recently sold and rezoned to light industrial use, and this property may have an opportunity for rezoning to light industrial use as well.

Sale_Brochure-38 acres on S. side of Las Milpas

Survey-35.2 Acres out of Lot 351-Las Milas Road-Pharr-10-24-19

Property Facts

Price	$1,641,350	Proposed Use	Commercial
Sale Type	Investment or Owner User	Total Lot Size	38.62 AC
No. Lots	1	Cross Streets	Veterans Road
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Industrial

Price	$1,641,350
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Industrial
Proposed Use	Commercial
Total Lot Size	38.62 AC
Cross Streets	Veterans Road
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$1,641,350	Lot Size	38.62 AC
Price Per AC	$42,500

Price	$1,641,350
Price Per AC	$42,500
Lot Size	38.62 AC

See Lot #3 on the attached aerial photos. 38.62 gross acres in the Las Milpas area of South Pharr, the property is located about half way between South Cage Blvd. and South Veterans, on the south side of Las Milpas Road.

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