6620 Cage Blvd, Pharr, TX 78577-9622
This exceptional investment opportunity presents a fully leased commercial property situated at 6620 S Cage Boulevard in Pharr, Texas, 78577. The property, built in 2016, encompasses a 4,399.996 square foot lot and features a mix of office and retail space, categorized as executive office space. Currently, all units are occupied, providing immediate cash flow for the investor. The strategic location on busy Cage Boulevard ensures high visibility and accessibility, attracting a strong tenant base. Many tenants are currently on their second lease, demonstrating the property's appeal and desirability. Ample parking is available for tenants and visitors. The landlord is responsible for water expenses, while tenants cover all other utilities and are responsible for the maintenance of their individual units, including air conditioning. This turnkey investment offers a compelling opportunity for passive income generation with minimal landlord responsibilities. The property's strong tenant occupancy and prime location in Pharr, Hidalgo County, make it an attractive proposition for discerning investors seeking a stable and profitable addition to their portfolio. The asking price is $179,000.
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
CO · Pharr, TXPharr. Always verify with local authorities before improvements.
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.