Flex Space with Overhead
New
For Sale
Contact for pricing
1804-A S Ridge Road, Pharr, TX 78577
Each suite pairs an open interior area with an overhead door for storage or other uses.
Property Size1,000 SF
Price / SF$1.40
Days on Market3
Property Features for 1804-A S Ridge Road
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
overhead door
Building Details
Year Built
2026
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 3 at 8:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SANETI REALTY GROUP
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 2026-built flex property comprises 21 units, each measuring 1,000 square feet in a 20-by-50-foot layout. Every unit has an open area and one overhead door, with availability scheduled for September 2026.
Located on Ridge Road in Pharr, the property is near Expressway 83, the Pharr International Bridge, and other major roads.
Located on Ridge Road in Pharr, the property is near Expressway 83, the Pharr International Bridge, and other major roads.
Key Highlights
- 21 flex units, each measuring 1,000 square feet
- Each 20‑by‑50‑foot unit includes an open area and one overhead door
- Scheduled availability begins in September 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,886
Suggested Prices Based on Cap Rates
Cap Rate 5%
$97,720
$97.7K
Cap Rate 7%
$69,800
$69.8K
Cap Rate 9%
$54,289
$54.3K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$8.0K $8.04/SF
− Vacancy
−$523 −$0.52/SF
EGI
$7.5K $7.52/SF
− OpEx
−$2.6K −$2.63/SF
NOI
$4.9K $4.89/SF
Area
Hidalgo County, TX
Vacancy
6.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$97,720
Cap Rate 7%
$69,800
Cap Rate 9%
$54,289
Alternative Uses
Best Use
Warehouse
$91.3K
$79.9K – $106.5K
NOI $6,390 @ 7.0% cap · market cap 456.43%
Second Best
Industrial
$75.2K
$65.8K – $87.7K
NOI $5,262 @ 7.0% cap · market cap 375.86%
Theoretical Best
Hotel Hospitality
$753.2K
$659.1K – $878.8K
NOI $52,725 @ 7.0% cap · market cap 3,766.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
791
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78577, TX
79,937
Population
26,568
Households
3
Avg Household Size
30
Median Age
18%
College-Educated
70%
High-School Grad
26.0 sq mi
ZIP Area
3,075
Density / Sq Mi
$49,768
Median Household Income
$28,186
Median Earnings
$988
Median Rent
$111,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Each suite pairs an open interior area with an overhead door for storage or other uses.
Where is this flex space located?
The property is located at 1804-A S Ridge Road Pharr, TX.
What are key features of this property?
This property features: 21 flex units, each measuring 1,000 square feet; Each 20‑by‑50‑foot unit includes an open area and one overhead door; Scheduled availability begins in September 2026
