Investment Opportunity: 1.09-Acre Property with Dual Zoning This unique 1.09-acre property presents an exceptional opportunity for investors and developers. Located in a prime area, the land is strategically zoned with General Business in the front and Residential in the back, offering a variety of potential uses. The property includes a 3-bedroom, 2-bathroom house that is in need of extensive work. Please be aware that due to its current condition, the property will likely not qualify for traditional financing. This makes it an ideal candidate for a teardown and new development.
The agricultural and or open space district is to be used to promote orderly, timely, economical growth and to recognize current land use conditions. The district is a reserved area in which the future growth of the city might occur. It is the intent of this district that agricultural land be held in that use for as long as is practical and reasonable. This zoning is suitable for areas where development is premature because of a lack of utilities, capacity, or service, or where the ultimate land use has not been determined.; The zone is also to be used: To protect those areas that are unsuitable for development because of physical problems or potential health or safety hazards such as flooding. The usage of the land would be permanently restricted to low-intensity agricultural uses until such time as the property is proven to be suitable for development and is rezoned.; To provide a permanent greenbelt or open space buffer around uses that might otherwise be objectionable or pose environmental or health hazards.; To protect and preserve natural habitats of wildlife and/or plant life that are deemed critical by the planning and zoning commission.
Permitted uses
Include but are not limited to:
Agriculture
Ranch
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 111° expected this year, 23 days in 30 years
8/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
1 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Pharr, TX • 78577
Average low and high temperatures (°F)
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51
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78
100
78
95
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92
70
86
65
78
60
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Feb
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Jun
Jul
Aug
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Sun exposure
100/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
7.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5901 N Sugar Rd
$250,614
$24K under list price of $275K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $200K to $399K.