2507 S CAGE BOULEVARD, PHARR, TX 78577
Homes for sale in Pharr.
Homes for sale in 78577.
2507 S Cage Boulevard
Pharr, TX 78577
List Price$1,000,000
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
Similar Listings
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
Real Estate IDX Powered by iHomefinder


