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    2200 Cage Blvd Pharr, TX 78577

    For Sale
    $1,200,000

    High-visibility commercial lots, excellent income.

    Property size:
    280 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional commercial property in Pharr, Texas, presents a lucrative investment opportunity. Located at 2200 N Cage Boulevard, the property boasts a prime location with over half an acre of frontage on I-69 and US-281, experiencing approximately 28,000 vehicles daily. The 0.27-acre lot encompasses six individual lots, all included in this sale. Currently, the property generates strong rental income from a fully leased office building. The building houses two business service tenants: an insurance company and a barber shop, both served by two separate meters and 14 parking spaces situated on the southern three lots. A separate meter services a mechanic shop located on the northern three lots. Security fencing ensures the safety and security of the tenants and their operations. The property's strategic location offers remarkable visibility and significant potential for future expansion. The eastern side of the property includes undeveloped green space, presenting opportunities for additional development or expansion of existing businesses. The building itself offers 280 square feet of space. This is a rare opportunity to acquire a high-traffic, income-producing commercial property in a rapidly growing area.

    Property Features for 2200 Cage Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    280 SF
    Lot Size
    11,761 SF

    Building Details

    Year Built
    2003
    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
    -98.18021
    Latitude
    26.21375

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility commercial lots, excellent income.
    Where is this commercial real estate located?
    The property is located at 2200 Cage Blvd Pharr, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (956) 423-5300
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    2200 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
    2200 Cage Blvd Pharr, TX 78577
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