Versatile Retail and Office
2504 S Cage Boulevard Pharr, TX 78577
2504 S Cage Boulevard, Pharr, TX, 78577
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For Sale
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Versatile commercial property on S Cage Boulevard in Pharr with space suited to retail, office, or service-oriented operations.
Property Size4,440 SF
Price / SF$155.41
Days on Market84
Property Features for 2504 S Cage Boulevard
General Information
- Standard status
- Active
- Size
- 4,440 SF
- Property subtype
- Office
Building Details
- Year Built
- 2016
Listing agency
Pinnacle Realty Advisors
Listed by
Sylvia (Astrid) Munoz
Source
Crexi
Added: Apr 29 Updated: Jul 20 at 5:07PM Checked: Jul 20 at 5:07PM
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 Pinnacle Realty Advisors
Investment Insights
Based on property information with market context.
This versatile commercial property offers space that can support a range of business uses, including retail, office, or service-oriented operations. The layout is described as flexible, with ample space available to accommodate different interior configurations.
Located on high-traffic S Cage Boulevard in the heart of Pharr, the property is positioned for visibility and straightforward accessibility. The surrounding area is characterized by strong commercial activity.
Offered for sale at 2504 S Cage Boulevard, this property is presented as suitable for owner-users or investors seeking a multi-use commercial asset in an active corridor.
Located on high-traffic S Cage Boulevard in the heart of Pharr, the property is positioned for visibility and straightforward accessibility. The surrounding area is characterized by strong commercial activity.
Offered for sale at 2504 S Cage Boulevard, this property is presented as suitable for owner-users or investors seeking a multi-use commercial asset in an active corridor.
Key Highlights
- Commercial property built in 2016
- Located on high‑traffic S Cage Boulevard in Pharr
- Versatile space suited for retail, office, or service‑oriented operations
Local Financial Insights For Retail
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 | $91.1k | $20.52 |
| − Vacancy | −$5.5k | −$1.23 |
| EGI | $85.6k | $19.29 |
| − OpEx | −$25.7k | −$5.79 |
| NOI | $59.9k | $13.50 |
4,440 SF · lease $20.52/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.06M
$928.4K – $1.24M
NOI $74,268 @ 7.0% cap · market cap 10.76%
Second Best
Retail
$856.4K
$749.4K – $999.2K
NOI $59,950 @ 7.0% cap · market cap 8.69%
Theoretical Best
Hotel Hospitality
$3.34M
$2.93M – $3.90M
NOI $234,099 @ 7.0% cap · market cap 33.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Versatile commercial property on S Cage Boulevard in Pharr with space suited to retail, office, or service-oriented operations.
Where is this office units located?
The property is located at 2504 S Cage Boulevard Pharr, TX.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Commercial property built in 2016; Located on high‑traffic S Cage Boulevard in Pharr; Versatile space suited for retail, office, or service‑oriented operations
