Property profile

1234 Cage Blvd Pharr, TX 78577

OFF-MARKET
Office buildings
Property ID
US82-3609967
1,702 SF 0.28 ac lot Built 1956
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 1234 S Cage Boulevard in Pharr, Texas (zip code 78577), presents a unique opportunity for businesses seeking a prime location. The property consists of a single-tenant office building with 1,702 square feet of space, situated on a sizable 12,188.088 square foot lot. The building boasts a contemporary design, recently renovated to provide a modern and efficient workspace. Its strategic location at the high-traffic corner of Ridge and Cage places it directly across from a major HEB grocery store, ensuring high visibility and accessibility. The property includes seven parking spaces for employees and clients. The property's APN is E530000002001200. Currently undergoing final renovations, this office space is expected to be available for occupancy within two months. Pre-leasing is underway, offering businesses the chance to secure a space in this highly desirable location and benefit from the increased foot traffic and brand visibility. This is an ideal opportunity to establish or expand your business in a thriving area of Pharr, Texas. Don't miss out on this chance to elevate your business to new heights in a modern, well-located office space.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1956
Total area 1,702 SF
Lot 0.28 ac (12,188 SF)
Zoning code RS
APN E5300-00-002-0012-00
UPID US82-3609967

Cap rate & NOI

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

Location

1234 Cage Blvd Pharr, TX 78577-5942
Pharr metro Census 21407 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2006
Price N/A

Zoning & alternative use

RS · Pharr, TX

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
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