Warehouse with Office
New
For Sale
$550,000
7521 S Cage Boulevard, Pharr, TX 78577
A 2018 industrial property combines warehouse and office areas under CO zoning.
Property Size7,000 SF
Lot Size0.28 Acres
Price / SF$78.57
Days on Market3
Property Features for 7521 S Cage Boulevard
General Information
Standard status
Active
Size
7,000 SF
Total Parking Spaces
6
Lot size
0.28 Acres
Property subtype
Commercial
Zoning
CO
Warehouse & Industrial
Warehouse Space
6,000 SF
Office Build-Out
1,000 SF
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$9,512
Building Details
Building Size
7,000 SF
Year Built
2018
Stories
2
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Jaime Lee Gonzalez · License #713189
(956) 599-8400
Source:
Gdvrealty
Added: Oct 22
Changed: Oct 23
Last Checked: Oct 23 at 6:06PM
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 Keller Williams Realty RGV
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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 2018 warehouse property at 7521 S Cage Boulevard in Pharr contains approximately 7,000 square feet, with 6,000 square feet devoted to warehouse space and 1,000 square feet of offices. The site measures 12,000 square feet and carries CO zoning.
Key Highlights
- Approximately 7,000 square feet total: 6,000 square feet of warehouse and 1,000 square feet of office space
- 12,000‑square‑foot lot
- Built in 2018
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,729
Cap Rate
8.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$894,580
$894.6K
Cap Rate 7%
$638,986
$639.0K
Cap Rate 9%
$496,989
$497.0K
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$56.3K $8.04/SF
− Vacancy
−$3.7K −$0.52/SF
EGI
$52.6K $7.52/SF
− OpEx
−$7.9K −$1.13/SF
NOI
$44.7K $6.39/SF
Area
Hidalgo County, TX
Vacancy
6.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$894,580
Cap Rate 7%
$638,986
Cap Rate 9%
$496,989
Alternative Uses
Best Use
Warehouse
$639.0K
$559.1K – $745.5K
NOI $44,729 @ 7.0% cap · market cap 8.13%
Second Best
Industrial
$526.2K
$460.4K – $613.9K
NOI $36,835 @ 7.0% cap · market cap 6.70%
Theoretical Best
Hotel Hospitality
$5.27M
$4.61M – $6.15M
NOI $369,075 @ 7.0% cap · market cap 67.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
291
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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - A 2018 industrial property combines warehouse and office areas under CO zoning.
Where is this warehouse located?
The property is located at 7521 S Cage Boulevard Pharr, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Approximately 7,000 square feet total: 6,000 square feet of warehouse and 1,000 square feet of office space; 12,000‑square‑foot lot; Built in 2018
