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Property profile & analytics
FOR SALE
Grocery and convenience stores

721 S Cage Blvd Pharr, TX 78577

2,548 SF 0.64 ac lot Built 1987
Entity Owned 17-yr Hold ~ Est. High Equity
Property ID
US83-3140536
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving convenience store located at 721 S Cage Blvd, Pharr, Texas, 78577. The property boasts a prime location on a hard corner at a signalized intersection, ensuring high visibility and accessibility from both Cage Blvd and Sam Houston. The 2,584 square foot building, constructed in 1987, sits on a 0.63-acre lot and is zoned for commercial use. Currently operating at 100% occupancy as a single-tenant convenience store, this property benefits from a proven track record of strong sales. The surrounding area features a dense population and numerous everyday-use retailers, including well-known brands such as La Michoacana Meat Market, Family Dollar, and Shipley Do-Nuts, further enhancing the property's appeal and potential for continued success. The asking price for this turnkey operation is $2,500,000. This is a rare opportunity to acquire a well-established, high-performing convenience store in a desirable location with significant growth potential. The property's strategic location and strong sales history make it an attractive investment for discerning buyers seeking a stable and profitable retail asset. The property is situated in Hidalgo County and offers excellent access to major roadways.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1987
Total area 2,548 SF
Lot 0.64 ac (27,791 SF)
APN V1540-33-000-000A-00
UPID US83-3140536
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Tss Business INC · 17 yrs held
Tss Business INC
since 2008
5 recorded transactions
2008
Price N/A
2006
Price N/A
2006
Price N/A
2006
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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