Retail Plaza
New
For Sale
Contact for pricing
7409 S Cage Boulevard, Pharr, TX 78577
Built in 2022, the space is presented for office, retail, salon, studio, and other service-oriented uses.
Property Size13,939 SF
Price / SF$0.10
Days on Market2
Property Features for 7409 S Cage Boulevard
General Information
Standard status
Active
Size
13,939 SF
Property subtype
Commercial
Building Details
Year Built
2022
Listing Agency:
Texus Realty
Listed By:
Israel Gutierrez · License #0558344
(512) 846-9332
Source:
Texusrealty
Added: Nov 1
Changed: Nov 2
Last Checked: Nov 1 at 3:18PM
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 Texus Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail suite is located within a plaza and was built in 2022. The stated potential uses include professional office, boutique, retail shop, salon, studio, and other service businesses; these are use possibilities described for the space, not representations of permitted uses.
The property is at 7409 S Cage Boulevard in Pharr, Texas.
The property is at 7409 S Cage Boulevard in Pharr, Texas.
Key Highlights
- Built in 2022
- Located at 7409 S Cage Boulevard, Pharr, TX 78577
- Retail suite within a plaza
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$188,207
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,764,140
$3.8M
Cap Rate 7%
$2,688,671
$2.7M
Cap Rate 9%
$2,091,189
$2.1M
Market Conditions
NOI Build-Up for 13,939 SF
Gross rent
$286.0K $20.52/SF
− Vacancy
−$17.2K −$1.23/SF
EGI
$268.9K $19.29/SF
− OpEx
−$80.7K −$5.79/SF
NOI
$188.2K $13.50/SF
Area
Hidalgo County, TX
Vacancy
6.00%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,764,140
Cap Rate 7%
$2,688,671
Cap Rate 9%
$2,091,189
Alternative Uses
Best Use
Retail
$2.69M
$2.35M – $3.14M
NOI $188,207 @ 7.0% cap · market cap 13,443.36%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$10.50M
$9.19M – $12.25M
NOI $734,934 @ 7.0% cap · market cap 52,495.29%
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
321
Businesses Nearby
69k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 33%
Home Improvements & Furnishings 12%
Electronics 3%
Jack in the Box
Dining
14,181 visits/mo
0.5 miles
Sunoco
Shops & Services
13,568 visits/mo
0.4 miles
Dollar General
Shops & Services
10,347 visits/mo
0.2 miles
Tractor Supply Co.
Home Improvements & Furnishings
8,014 visits/mo
0.4 miles
Valero Energy
Shops & Services
7,839 visits/mo
0.1 miles
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Built in 2022, the space is presented for office, retail, salon, studio, and other service-oriented uses.
Where is this retail space located?
The property is located at 7409 S Cage Boulevard Pharr, TX.
What are key features of this property?
This property features: Built in 2022; Located at 7409 S Cage Boulevard, Pharr, TX 78577; Retail suite within a plaza
