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Two-Story Retail and Office Building

902 S Cage Boulevard Pharr Pharr, TX 78577

Claim this Listing
New
For Sale
$2,583,000

Two-story commercial building with first-floor retail space and second-floor office configuration.

Property size:
9,575 SF
Price / SF:
$269.77/SF
Added:
Jul 10, 2026
Days on Market:
5
Last Refresh:
Jul 11 at 2:42 am

Property Features for 902 S Cage Boulevard Pharr

General Information

Standard status
Active
Size
9,575 SF

Building Details

Year Built
2006

Listing office

Listing date Jul 10, 2026

Source Goldenvalley-realestate

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 Ariana Paola Torres


Investment Insights

Based on property information with market context.

This two-story commercial property is currently operating as a meat market/restaurant. The first floor provides retail space suited for customer-facing use, while the second floor is configured as office space for administrative or professional functions.

The property is located off S Cage Boulevard in Pharr. Public remarks also note strong visibility and functionality for businesses.

The adaptable layout supports retail activity on the lower level with office space above, offering a straightforward way to combine customer service and day-to-day operations within a single building.

Key Highlights

  • Two‑story commercial building with 8,000 SF retail space and 9,575 SF total building area
  • First floor configured for meat market/restaurant retail use; second floor set up as office space
  • Year built: 2006

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $294.1k $30.72
− Vacancy −$80.6k −$8.42
EGI $213.5k $22.30
− OpEx −$53.4k −$5.58
NOI $160.2k $16.73
9,575 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.29M
$2.00M – $2.67M (±1% cap)
NOI $160,161 @ 7.0% cap · market cap 6.20%
Second Best
Specialty Retail
$1.99M
$1.74M – $2.32M (±1% cap)
NOI $138,960 @ 7.0% cap · market cap 5.38%
Theoretical Best
Hotel Hospitality
$7.21M
$6.31M – $8.41M (±1% cap)
NOI $504,842 @ 7.0% cap · market cap 19.54%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Law Firm HVAC Service Electrical Service Skin Care Clinic Garden Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Cafe & Coffee Shop

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

FAQs

What type of property is this?
Retail space - Two-story commercial building with first-floor retail space and second-floor office configuration.
Where is this retail space located?
The property is located at 902 S Cage Boulevard Pharr Pharr, TX.
What is the asking price?
The asking price for this property is $2,583,000.
What are key features of this property?
This property features: Two‑story commercial building with 8,000 SF retail space and 9,575 SF total building area; First floor configured for meat market/restaurant retail use; second floor set up as office space; Year built: 2006
Contact an agent
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