Flex Space with
New
For Sale
Contact for pricing
1804 S Ridge Road, Pharr, TX 78577
Each suite includes a restroom and combines office space with a dedicated warehouse area.
Property Size1,500 SF
Price / SF$1.40
Days on Market1
Property Features for 1804 S Ridge Road
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Commercial
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 1 at 1:40AM
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.
Ridge Road Business Park is offering 1,500-square-foot flex units for pre-lease. Each unit measures 25 feet by 60 feet and includes a 150-square-foot office, a restroom, and 1,309 square feet of warehouse space. The property is scheduled for completion in 2026, with units expected to be available in September 2026.
The business park is at 1804 S Ridge Road in Pharr, Texas. High-speed internet and parking are identified as property features.
The business park is at 1804 S Ridge Road in Pharr, Texas. High-speed internet and parking are identified as property features.
Key Highlights
- 1,500‑square‑foot flex units
- Each unit measures 25' x 60'
- 150‑square‑foot office and 1,309‑square‑foot warehouse area per unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,329
Suggested Prices Based on Cap Rates
Cap Rate 5%
$146,580
$146.6K
Cap Rate 7%
$104,700
$104.7K
Cap Rate 9%
$81,433
$81.4K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$12.1K $8.04/SF
− Vacancy
−$784 −$0.52/SF
EGI
$11.3K $7.52/SF
− OpEx
−$3.9K −$2.63/SF
NOI
$7.3K $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%
$146,580
Cap Rate 7%
$104,700
Cap Rate 9%
$81,433
Alternative Uses
Best Use
Warehouse
$136.9K
$119.8K – $159.8K
NOI $9,585 @ 7.0% cap · market cap 456.43%
Second Best
Industrial
$112.8K
$98.7K – $131.6K
NOI $7,893 @ 7.0% cap · market cap 375.86%
Theoretical Best
Hotel Hospitality
$1.13M
$988.6K – $1.32M
NOI $79,088 @ 7.0% cap · market cap 3,766.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Each suite includes a restroom and combines office space with a dedicated warehouse area.
Where is this flex space located?
The property is located at 1804 S Ridge Road Pharr, TX.
What are key features of this property?
This property features: 1,500‑square‑foot flex units; Each unit measures 25' x 60'; 150‑square‑foot office and 1,309‑square‑foot warehouse area per unit
