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    406 Cage Blvd Pharr, TX 78577

    For Sale
    $385,000

    High-traffic area, versatile space, ample parking.

    Property size:
    4,368 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional commercial property, located at 406 S Cage Boulevard Unit 1 in Pharr, Texas, presents a unique investment opportunity. The 4,368 square foot building sits on a 0.21-acre lot, offering significant potential for a variety of uses. The main building comprises 1,092 square feet, currently configured as office and apartment space, complete with a full bathroom including a shower, and four dedicated parking spaces. This area offers excellent visibility and accessibility. Adding to the property's versatility are two additional apartments located in the rear of the property, providing further income potential or expansion opportunities. These rear apartments also include six parking spaces, ensuring ample parking for tenants and visitors. The property's dimensions, as per Hidalgo Cadastral records, are approximately 50 feet of effective frontage and 180 feet of effective depth, allowing for considerable flexibility in layout and design. Its prime downtown Pharr location ensures high visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in a thriving commercial area. The property's size and layout offer significant potential for expansion or modification to suit a wide range of commercial needs.

    Property Features for 406 Cage Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,368 SF
    Lot Size
    9,148 SF

    Building Details

    Year Built
    1977
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.18508
    Latitude
    26.19101

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic area, versatile space, ample parking.
    Where is this commercial real estate located?
    The property is located at 406 Cage Blvd Pharr, TX.
    What is the asking price?
    The asking price for this property is $385,000.
    (956) 631-3400
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    406 Cage Blvd Pharr, TX 78577
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    406 Cage Blvd Pharr, TX 78577
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