Property profile

2816 Cage Blvd Pharr, TX 78577

OFF-MARKET
Land
Property ID
US82-5276923
4.8 ac lot
Individually Owned 5-yr Hold
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Property summary

AI-generated overview

This exceptional 4.8-acre parcel, located at 2816 S Cage Boulevard in Pharr, Texas, presents a remarkable investment opportunity for developers. Zoned for both commercial and residential uses, this property offers significant potential for a variety of projects. The land is ideally situated near major retail establishments, including HEB, Starbucks, McDonald's, and CVS, ensuring high visibility and convenient access to essential services. The property's proximity to schools further enhances its appeal. An approved preliminary layout is already in place, streamlining the development process and saving valuable time and resources. The asking price for this prime piece of real estate is $1,100,000. This multifamily development site in Hidalgo County, Texas, zip code 78577, offers a unique blend of accessibility and growth potential, making it an attractive proposition for investors seeking a high-return venture in a thriving Texas market. The property's substantial size and strategic location make it suitable for a range of development options, from residential subdivisions to commercial ventures. This is a rare opportunity to acquire a well-positioned property with significant upside potential in a rapidly growing area. The coordinates are 26.163252 latitude and -98.1914199 longitude.

Property profile

Verified
Property type Land
Lot 4.8 ac (209,088 SF)
UPID US82-5276923

Cap rate & NOI

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

Location

2816 Cage Blvd Pharr, TX 78577
Pharr metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

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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