Property profile

2612 Cage Blvd Pharr, TX 78577

OFF-MARKET
Land
2.56 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2.56-acre commercial land parcel presents a prime investment opportunity in Pharr, Texas. Located at 2612 S Cage Boulevard, this property boasts 250 feet of frontage on the heavily trafficked US 281 highway, offering unparalleled visibility and accessibility. The lot's depth extends 497 feet, providing ample space for development. Currently zoned for commercial use by the city of Pharr, this site is ideal for a retail plaza or office complex. The property is fully enclosed by a chain-link fence, enhancing security. The strategic location benefits from planned new commercial developments in the immediate vicinity, promising future growth and increased property value. The seller is highly motivated and is willing to consider owner financing with a 35% down payment at the full asking price of $775,000. While suitable for various commercial ventures, a zoning change would be required for uses involving heavy truck traffic. This presents a compelling opportunity for a savvy investor seeking a high-traffic location in a thriving Texas market. The property is situated in Hidalgo County, Texas, with a zip code of 78577.

Property profile

Verified
Property type Land
Lot 2.56 ac (111,514 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2612 Cage Blvd Pharr, TX 78577
Pharr metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2612 Cage Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message