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    2016 Cage Blvd Pharr, TX 78577

    For Sale
    $550,000

    High-traffic lot, ideal for various uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 21,165.80 square foot commercial land parcel is strategically located at 2016 N Cage Boulevard in Pharr, Texas, zip code 78577, within Hidalgo County. Currently utilized as a car lot and leased to an adjacent business for parking, this property presents a multitude of development opportunities. Its prime location on Highway 2/69 at the northern edge of Pharr, bordering Edinburg, ensures high visibility and accessibility. The high traffic volume makes this an excellent site for a variety of commercial ventures. The asking price is $550,000. The property's size and location offer significant potential for investors seeking a strong return. The existing use as a car lot and parking area demonstrates the property's suitability for businesses requiring ample space and high visibility. This versatile property is ready for your vision. Don't miss this opportunity to acquire a prime commercial land parcel in a thriving Texas market.

    Property Features for 2016 Cage Blvd

    General Information

    Property type
    Land
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.180132
    Latitude
    26.212878

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    FAQs

    What type of property is this?
    Land - High-traffic lot, ideal for various uses.
    Where is this land located?
    The property is located at 2016 Cage Blvd Pharr, TX.
    What is the asking price?
    The asking price for this property is $550,000.
    Request Owner's contact information
    2016 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
    2016 Cage Blvd Pharr, TX 78577
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