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    721 Cage Blvd Pharr, TX 78577

    Sponsored
    For Sale
    $2,500,000

    High-traffic corner lot, strong sales history.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 27,790.84 sq ft commercial land parcel, located at 721 S Cage Boulevard in Pharr, Texas, presents a lucrative investment opportunity. The property, built in 1987, boasts a prime location at a signalized intersection, offering excellent visibility and accessibility from both Cage Boulevard and Sam Houston. Currently operating as a convenience store, the site benefits from a proven track record of strong sales, fueled by the surrounding dense residential population and a cluster of successful everyday-use retailers. These neighboring businesses include, but are not limited to, La Michoacana Meat Market, Family Dollar, Melrose clothing, Shipley Do-Nuts, De Alba Bakery, and the Pharr Memorial Library, creating a vibrant and high-traffic commercial environment. The asking price for this exceptional property is $2,500,000. This land offers significant potential for continued success as a retail location or for redevelopment into a variety of commercial uses. The property's strategic location and strong sales history make it an ideal investment for discerning buyers seeking a high-return opportunity in a thriving Texas market. The property is situated in Hidalgo County, Texas, with a zip code of 78577.

    Property Features for 721 Cage Blvd

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1987
    Property Profile 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 Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1846304
    Latitude
    26.1880964

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    FAQs

    What type of property is this?
    Retail property - High-traffic corner lot, strong sales history.
    Where is this retail property located?
    The property is located at 721 Cage Blvd Pharr, TX.
    What is the asking price?
    The asking price for this property is $2,500,000.
    Request Owner's contact information
    721 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
    721 Cage Blvd Pharr, TX 78577
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