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Versatile Mixed-Use Commercial Property

902 S Cage Boulevard Pharr, TX 78577

Claim this Listing
For Sale
$2,583,000

COMMERCIAL - Pharr, TX

Property size:
9,575 SF
Lot size:
1.12 Acres
Price / SF:
$269.77/SF
Added:
Oct 7, 2025
Days on Market:
281
Last Refresh:
Jul 14 at 10:06 am

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 agent Jaime Lee Gonzalez

Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX

Listing date Oct 7, 2025

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 (±1% cap)
NOI $160,161 @ 7.0% cap · market cap 6.20%
Second Best
Specialty Retail
$1.99M
$1.74M – $2.32M (±1% cap)
NOI $138,960 @ 7.0% cap · market cap 5.38%
Theoretical Best
Hotel Hospitality
$7.21M
$6.31M – $8.41M (±1% cap)
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

Suggested Use

Real Estate Agency Law Firm HVAC Service Electrical Service Skin Care Clinic Garden Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

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.
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