Versatile Mixed-Use Commercial
902 S Cage Boulevard Pharr, TX 78577
902 S Cage Boulevard, Pharr, TX, 78577
$2,583,000
For Sale
$2,583,000
COMMERCIAL - Pharr, TX
Property Size9,575 SF
Lot Size1.12 Acres
Price / SF$269.77
Days on Market288
Property Features for 902 S Cage Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 40
- Parking features
- Special Needs
- Security features
- Security Lighting
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- D175300000000100
- Size
- 9,575 SF
- Lot size
- 1.12 Acres
Taxes and HOA fees
- Tax Year
- 2022
- Tax Annual Amount
- 28700
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2006
- Floors in Building
- 1
- Building materials
- Block, Stucco
- Roof type
- Slate
Listing Agency
Keller Williams Realty RGV
(956) 928-1155
3300 N Mccoll. Ste P & Q, McAllen, TX
Listed by
Jaime Lee Gonzalez
(956) 599-8400
Added: Oct 7, 2025 Updated: Apr 15 at 9:26 am Checked: Jul 21 at 1:06 am
MLS# 478549
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story commercial property is located off Cage Blvd in Pharr, Texas. Currently operating as a meat market and restaurant, the property offers excellent visibility and functionality. The first floor features retail space suitable for customer-facing businesses. The second floor is configured as office space, providing flexibility for administrative or professional use. The property has a size of 9575 square feet and is situated on a lot of 1.1185 acres.
Key Highlights
- High‑traffic location off Cage Blvd in Pharr.
- Versatile two‑story layout with retail and office space.
- Currently operating as a meat market/restaurant.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $294.1k | $30.72 |
| − Vacancy | −$80.6k | −$8.42 |
| EGI | $213.5k | $22.30 |
| − OpEx | −$53.4k | −$5.58 |
| NOI | $160.2k | $16.73 |
9,575 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.29M
$2.00M – $2.67M
NOI $160,161 @ 7.0% cap · market cap 6.20%
Second Best
Specialty Retail
$1.99M
$1.74M – $2.32M
NOI $138,960 @ 7.0% cap · market cap 5.38%
Theoretical Best
Hotel Hospitality
$7.21M
$6.31M – $8.41M
NOI $504,842 @ 7.0% cap · market cap 19.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two-story property with retail and office space in Pharr.
Where is this mixed-use property located?
The property is located at 902 S Cage Boulevard Pharr, TX.
What is the asking price?
The asking price for this property is $2,583,000.
What are key features of this property?
This property features: High‑traffic location off Cage Blvd in Pharr.; Versatile two‑story layout with retail and office space.; Currently operating as a meat market/restaurant.
