Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,520,000
Industrial properties
4007 Cage Blvd Pharr, TX 78577-7517
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US82-1847881
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2000
Total area
20,335 SF
Lot
4.35 ac (189,320 SF)
Zoning code
CO
APN
H2042-00-000-003A-00
UPID
US82-1847881
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.17M
Comparable Approach
Comparable
$3.87M
Blend (final)
Blend
$3.52M
Owner & transaction history
Arec 21 LLC · 12 yrs held
Arec 21 LLC
since 2014
7 recorded transactions
Zoning & alternative use
CO · Pharr, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.7M
+44.1%
Retail stores
$2.7M
+43.1%
Auto repair, garage
$2.6M
+40.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pharr submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pharr submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,430,000
6.5%
$3,170,000
7%
$2,940,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,685,000
Change: +44% · Conversion: Easy
RETAIL STORES
$2,665,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,610,000
Change: +40% · Conversion: Difficult
RESTAURANT
$2,470,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$3.52M
Range $3.17M – $3.87M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$173 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$81,263
Tax year 2022
Assessed value
$2,897,187
Assessed 2023
Previous assessed
$2,897,187
+0.0% YoY
Effective rate
2.80%
On assessed value
Assessed land
$719,412
Assessed improvement
$2,177,775
Land market value
$719,412
Improvement market value
$2,177,775
Total market value
$2,897,187
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
2000
Heating
CENTRAL
Cooling
CENTRAL
Buildings
4
Stories
1
Rooms
2
Bathrooms
7
Total area
20,335 SF
Lot
4.35 ac (189,320 SF)
Zoning code
CO
APN
H2042-00-000-003A-00
UPID
US82-1847881
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Pharr, TX
Zoning CO · permitted uses
CO · Pharr, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pharr. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$2.7M
RETAIL STORES
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.6M
RESTAURANT
Est. value
$2.5M
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
4
Rooms
2
Bathrooms
7
Lot
4.35 ac
Current owner
From public records · entity-resolved
Arec 21 LLC
Entity
Mailing address
PO BOX 29046, PHOENIX, AZ 85038-9046
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2014
—
Arec 21 LLC
Amerco R/e Co Of Texas INC
Grant Deed
$40,000,000 · Jp Morgan Chase Bk
Mar 28, 2013
—
Amerco R & E Co Of Texas INC
A-a-a Storage Exp 281 LP
Warranty Deed
—
Mar 18, 2013
—
Jm Trust
Jm Assets LP
Warranty Deed
—
Jan 28, 2013
—
Jim Asset LP
A-a-a Storage Exp281 LP
Warranty Deed
—
Feb 14, 2006
—
A-a-a Storage Exp281
Jm Asset
Warranty Deed
—
Jan 3, 2006
—
Jim Assets
Robert D Rosener Land
Grant Deed
—
—
—
A-a-a Storage Exp281
—
Deed Of Trust
related
$1,842,700 · New South Fsb
—
—
A-a-a Storage Exp281
—
Deed Of Trust
related
$2,600,000 · Preferred Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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 4007 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.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
