Walled Industrial Warehouse
7724 S Cage Blvd, Pharr, TX 78577
For Sale
$2,200,000
Two warehouse buildings sit within a masonry perimeter wall, with loading docks and separate support space.
Property Size16,895 SF
Lot Size4.98 Acres
Price / SF$130.22
Days on Market10
Property Features for 7724 S Cage Blvd
General Information
Standard status
Size
Lot size
Zoning
Site & Location
Fenced Yard
Outdoor Storage
Warehouse & Industrial
Dock-High Doors
Sprinkler System
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
reception area
dining area
restrooms
Building Details
Buildings
Listing Agency:
Coldwell Banker La Mansion
(956) 631-1322
Listed By:
Michael Karam
(956) 451-0100
Source:
Exprealty
Added: Oct 29
Changed: Nov 7
Last Checked: Nov 7 at 6:05PM
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 Coldwell Banker La Mansion
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Investment Insights
Based on property information with market context.
This 4.98-acre industrial property contains two warehouse buildings totaling 16,895 SF. The 13,520 SF primary building includes reception and dining areas, restrooms, and an open warehouse floor. Four dock-high doors, LED lighting, and a fire sprinkler system are also in place. A second building provides 3,375 SF of additional space for storage, workshop use, or support operations. A cinder block wall encloses the site, which is zoned heavy commercial. The property also has land for outdoor storage and fleet or trailer parking.
Key Highlights
- 4.98‑acre industrial property with two warehouse buildings totaling 16, 895 SF
- Primary building offers 13, 520 SF, including reception, dining, restrooms, and open warehouse space
- Four dock‑high loading docks, LED lighting, and a fire sprinkler system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,956
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,159,120
$2.2M
Cap Rate 7%
$1,542,229
$1.5M
Cap Rate 9%
$1,199,511
$1.2M
Market Conditions
NOI Build-Up for 16,895 SF
Gross rent
$135.8K $8.04/SF
− Vacancy
−$8.8K −$0.52/SF
EGI
$127.0K $7.52/SF
− OpEx
−$19.1K −$1.13/SF
NOI
$108.0K $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%
$2,159,120
Cap Rate 7%
$1,542,229
Cap Rate 9%
$1,199,511
Alternative Uses
Best Use
Warehouse
$1.54M
$1.35M – $1.80M
NOI $107,956 @ 7.0% cap · market cap 4.91%
Second Best
Industrial
$1.27M
$1.11M – $1.48M
NOI $88,905 @ 7.0% cap · market cap 4.04%
Theoretical Best
Hotel Hospitality
$12.73M
$11.13M – $14.85M
NOI $890,789 @ 7.0% cap · market cap 40.49%
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
Lease Details
4
Dock-high doors
Yes
Sprinkler system
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
276
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
$111,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Pharr, TX
Properties on Market for Warehouses in Pharr
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - Two warehouse buildings sit within a masonry perimeter wall, with loading docks and separate support space.
Where is this warehouse located?
The property is located at 7724 S Cage Blvd Pharr, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 4.98‑acre industrial property with two warehouse buildings totaling 16, 895 SF; Primary building offers 13, 520 SF, including reception, dining, restrooms, and open warehouse space; Four dock‑high loading docks, LED lighting, and a fire sprinkler system
