Warehouse-Office Flex
7521 S Cage Boulevard, Pharr, TX 78577
For Sale
$550,000
Commercial Sale, Pharr, TX
Property Size7,000 SF
Lot Size0.28 Acres
Price / SF$78.57
Days on Market93
Property Features for 7521 S Cage Boulevard
General Information
Property type
Property subtype
Zoning
Parking
Appliances
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Jaime Lee Gonzalez · License #713189
(956) 599-8400
Added: Aug 7
Changed: Oct 19
Last Checked: Nov 7 at 8:06PM
MLS# 511763
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2018, this flex property contains approximately 7,000 square feet arranged with 6,000 square feet of warehouse area and 1,000 square feet of office space. The block-constructed building has a metal roof and sits on a 12,000-square-foot lot, providing a practical combination of work and storage areas.
Located at 7521 S Cage Boulevard in Pharr, Texas, the property is zoned CO. The configuration supports the storage, manufacturing, distribution, and commercial operating uses identified for the site. Property measurements and square footage should be independently verified.
Located at 7521 S Cage Boulevard in Pharr, Texas, the property is zoned CO. The configuration supports the storage, manufacturing, distribution, and commercial operating uses identified for the site. Property measurements and square footage should be independently verified.
Key Highlights
- Approximately 7,000 square feet of total building area
- 6,000 square feet of warehouse space and 1,000 square feet of office space
- 12,000‑square‑foot lot
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
Office B
$1.67M
$1.46M – $1.95M
NOI $117,089 @ 7.0% cap · market cap 21.29%
Second Best
Warehouse
$639.0K
$559.1K – $745.5K
NOI $44,729 @ 7.0% cap · market cap 8.13%
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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Current Use
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
Under-served
Demand for This Use
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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
$111,500
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Hidalgo County, TX
Properties on Market for Flex space in Hidalgo County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - CO-zoned property combines substantial warehouse capacity with dedicated office space for storage, manufacturing, distribution, or other commercial operations.
Where is this flex space 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 of total building area; 6,000 square feet of warehouse space and 1,000 square feet of office space; 12,000‑square‑foot lot
