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    5502 Cage Blvd Pharr, TX 78577

    Sponsored
    For Sale
    $1,400,000

    Executive Office & Warehouse - High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 5502 N Cage Boulevard in Pharr, Texas, presents a unique investment opportunity. Situated on a 1.029-acre lot, this property boasts a prime location adjacent to the expressway, ensuring high visibility and significant traffic flow. The property includes a recently remodeled 2100 square foot office space, perfectly suited for executive functions, and a substantial 3315 square foot warehouse, easily accommodating trucks and various commercial operations. Built in 1994, the property's versatile design allows for a wide range of commercial uses, including but not limited to auto sales (its current use), AC services, import/export businesses, or goods transportation. The convenient access to the expressway via an easy-to-navigate ramp further enhances its appeal. The property's strategic location is complemented by its proximity to key commercial establishments such as the Bert Ogden Arena and Bert Ogden Dealerships, with a future BMW dealership planned across the expressway. This high-traffic area guarantees excellent exposure for any business. The asking price for this remarkable property is $1,400,000. This is a rare opportunity to acquire a well-situated, versatile commercial property in a thriving Texas market. The combination of office space, warehouse capacity, and prime location makes this an ideal investment for discerning buyers.

    Property Features for 5502 Cage Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    44,823 SF

    Building Details

    Year Built
    1994
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1753635
    Latitude
    26.2420011

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    FAQs

    What type of property is this?
    Office Property / Space - Executive Office & Warehouse - High Visibility
    Where is this office property / space located?
    The property is located at 5502 Cage Blvd Pharr, TX.
    What is the asking price?
    The asking price for this property is $1,400,000.
    Request Owner's contact information
    5502 Cage Blvd Pharr, TX 78577
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5502 Cage Blvd Pharr, TX 78577
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