Corner Retail
921 S Cage Boulevard, Pharr, TX 78577
For Sale
New
$420,000
The site occupies the northeast corner of South Cage Boulevard and East Hemmer Street in Pharr.
Property Size2,536 SF
Price / SF$165.62
Days on Market1
Property Features for 921 S Cage Boulevard
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Corner Location
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
Coldwell Banker La Mansion
(956) 631-1322
Listed By:
Rodolfo David Guerra
(956) 309-5002
Source:
Culturare
Added: Nov 6
Last Checked: Nov 6 at 2:26PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,536-square-foot retail storefront was built in 1977. The building sits at the northeast corner of South Cage Boulevard and East Hemmer Street, with approximately 150 feet of frontage.
The Pharr property is positioned between Sam Houston Street and Ridge Road. South Cage Boulevard carries daily traffic exceeding 26,000 vehicles, placing the storefront along a heavily traveled corridor.
The Pharr property is positioned between Sam Houston Street and Ridge Road. South Cage Boulevard carries daily traffic exceeding 26,000 vehicles, placing the storefront along a heavily traveled corridor.
Key Highlights
- 2,536‑square‑foot storefront building
- Built in 1977
- Approximately 150 feet of frontage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,241
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$684,820
$684.8K
Cap Rate 7%
$489,157
$489.2K
Cap Rate 9%
$380,456
$380.5K
Market Conditions
NOI Build-Up for 2,536 SF
Gross rent
$52.0K $20.52/SF
− Vacancy
−$3.1K −$1.23/SF
EGI
$48.9K $19.29/SF
− OpEx
−$14.7K −$5.79/SF
NOI
$34.2K $13.50/SF
Area
Hidalgo County, TX
Vacancy
6.00%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$684,820
Cap Rate 7%
$489,157
Cap Rate 9%
$380,456
Alternative Uses
Best Use
Retail
$489.2K
$428.0K – $570.7K
NOI $34,241 @ 7.0% cap · market cap 8.15%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.91M
$1.67M – $2.23M
NOI $133,711 @ 7.0% cap · market cap 31.84%
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
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
255k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 47%
Dining 41%
Shops & Services 8%
Apparel 3%
H-E-B
Groceries
104,684 visits/mo
0.5 miles
McDonald's
Dining
34,400 visits/mo
0.4 miles
Whataburger
Dining
30,202 visits/mo
0.4 miles
Starbucks
Dining
19,750 visits/mo
0.2 miles
La Michoacana Meat Market
Groceries
14,384 visits/mo
0.2 miles
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 Storefront properties in Hidalgo County, TX
Properties on Market for Storefront properties in Hidalgo County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Angie’s Flower Boutique — 1536 S Cage Blvd, Pharr, TX 78577
- Isabella’s Flowers — 321 s cage blvd ste. 309, pharr, tx 78577
- Cristina's flowers — Pharr, TX 78577
- A- One Florist & Flower Delivery — 100 W U.S. Hwy 83, Pharr, TX 78577, United States
- Nikas Florist & Flower Delivery Pharr — 119 E Park Ave, Pharr, TX 78577
Frequently Asked Questions
What type of property is this?
Storefront property - The site occupies the northeast corner of South Cage Boulevard and East Hemmer Street in Pharr.
Where is this storefront property located?
The property is located at 921 S Cage Boulevard Pharr, TX.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 2,536‑square‑foot storefront building; Built in 1977; Approximately 150 feet of frontage
