2507 S Cage BLVD Active Save Request In-Person Tour Request Virtual Tour
Pharr,TX 78577
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,188 sqft
Price per Sqft $122
Subdivision Pharr Shops
MLS Listing ID 465333
HOA Y/N No
Year Built 2009
Annual Tax Amount $19,647
Tax Year 2023
Lot Size 0.788 Acres
Acres 0.7883
Property Sub-Type Commercial
Source Greater McAllen
Property Description
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.
Location
State TX
County Hidalgo
Interior
Heating Central
Cooling Central Air
Flooring Painted/Stained
Appliance Electric Water Heater
Exterior
Garage Spaces 41.0
View Y/N No
Roof Type Flat
Total Parking Spaces 41
Garage Yes
Building
Lot Description Office Complex
Faces 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.
Story 1
Water Separate Water Meters
Structure Type Stucco
New Construction No
Others
Tax ID P645200000000200
Security Features Fire Sprinkler System