You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

2900 S Cage Blvd Pharr, TX 78577

Strip malls Google Maps
6,480 SF 1.77 ac lot Built 2008
Individually Owned 20-yr Hold Absentee Owner ~ Est. High Equity
2900 S Cage Blvd, Pharr, TX 78577 For Sale
$1,280,000 6,480 SF
2900 S Cage Blvd, Pharr, TX 78577
View Listing →
Estimated value (blended)
$495k
Range $446k – $545k (±10%)
Property ID US82-5039776

Property summary

AI-generated overview

This exceptional investment opportunity presents a five-unit commercial plaza ideally situated at 2900 S Cage Boulevard in Pharr, Texas. The property boasts a substantial 1.77-acre lot, offering significant potential for future development. The existing structure comprises approximately 7,300 square feet of rentable space, currently divided into five individual units. This established commercial plaza has a proven track record of consistent rental income, making it an attractive proposition for investors seeking a stable and profitable asset. The expansive lot size presents a unique opportunity for expansion or the development of additional income-generating properties, such as a multifamily project. With its prime location in Pharr, Texas, and its strong history of rental income, this property is poised for continued growth and profitability. The total building square footage is 1,070 square feet. The asking price is $1,290,000. This is a rare chance to acquire a well-established commercial property with significant upside potential. Don't miss this opportunity to secure a valuable addition to your investment portfolio.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2008
Total area 6,480 SF
Lot 1.77 ac (77,101 SF)
APN K2400-00-000-0245-06
UPID US82-5039776

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

since 2005
6 recorded transactions
2005
Price N/A
2005
Price N/A
2004
Price N/A
2004
Price N/A
1969
Price N/A
1969
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
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?”
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