721 S Cage Blvd Pharr, TX 78577
For Sale
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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.
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
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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.