2900 S Cage Blvd, Pharr, TX 78577
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.