2507 S CAGE BOULEVARD, PHARR, TX 78577

Homes for sale in Pharr.

Homes for sale in 78577.


2507 S Cage Boulevard

Pharr, TX 78577

Status of the property has changed, please contact for details

List Price$1,000,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #465333

8,188

Square Feet

Commercial

Type

About This Property

Step into an attractive 8,188?SF, single-story flex building strategically situated at the hard corner of Cage Blvd & Hall Acres Rd. This location provides maximum visibility in the busy Pharr corridor Built in 2009 and fully occupied by long-term, creditworthy tenants. . At $1,000,000, this asset is offered well below replacement cost, a rare find in the rapidly growing upper Rio Grande Valley. With a 10.3% cap rate at the asking price, this property delivers steady, hassle-free cash flow from day one The shared parking lot provides adequate parking for most business and client needs. Suite 700, one of the end cap spaces, is deal for pharmacies, quick-service eateries, or banks. This is a true passive income opportunity with strong upside.

Property Features

Location Information

County

Hidalgo

Directions

From 281/Cage and Hwy 2/83 go South until you reach Hall Acres Rd. The property is on the NE corner behind Burger King.

Subdivision

Pharr Shops

Interior Features

Heating

Central

Appliances

Electric Water Heater

Cooling

Central Air

Windows/Doors Description

Energy Features (Double Pane Windows)

Floors

Painted/Stained

Exterior Features

Construction

Stucco

Parking Spaces

41

Roof

Flat

Lot Description

Office Complex

Possession

Closing and Funding

Lot Size in Acres

0.788

Water

Separate Water Meters

Lot Size in Sq. Ft.

34,337

Electric

Separate Electric Meters

Present Use

Office, Retail

Security Features

Fire Sprinkler System

Energy Features

Thermostat

Parking Description

Paved

Road Description

Paved Road

Has Garage

Yes

Road Frontage

City Street, State Road

Garage Spaces

41

Additional Information

Property Type

COM

Units in Complex

3

Property SubType

Commercial

Taxes

19647

Year Built

2009

Tax Year

2023

APN

P645200000000200

Square Feet Source

HidalgoCAD

Status

Active

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Mortgage Calculator

$4,669

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,603

Monthly Tax

$833

Monthly Insurance

$233

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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