2506 Cage BlvdPharr, TX 78577

Property Details for 2506 Cage Blvd

Year built

2007

Lot size

0.15 AC

Property size (Sq ft)

2,093 SF

Zone code

CO

Property type

Drive through restaurants

APN

L6255-01-002-0002-00

APU

L625501002000200

Description

This exceptional commercial property, located at 2506 S Cage Boulevard in Pharr, Texas, presents a unique opportunity for a single-tenant business. The property encompasses a 6,360.19 square foot lot and features a 2,093 square foot building, perfectly suited for a variety of uses including retail, office, or restaurant operations. Its prime location ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. The property's adaptable layout allows for customization to meet specific business needs. Tenants will appreciate the convenience of 10 on-site parking spaces, ensuring ample parking for customers and employees. The property's APN is L625501002000200. This is an ideal location for businesses seeking strong visibility and convenient access to major thoroughfares, making it a highly desirable commercial space in a thriving area. The property's versatility makes it suitable for a wide range of businesses, from retail shops and restaurants to office spaces and service providers. Don't miss this chance to establish your business in a prime Pharr, TX location.

• CAP approach

  CAP return

  Valuation

  6%

  $325,663

  6.5%

  $300,612

  7%

  $279,140

• Comparable approach

  Method

  Valuation

  Relative Method

  $187,701

  Geo Method

  $494,703

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $582,412

  Mixed-Use / Specialty

  $301,080

  Hospitality / Lodging

  $222,898

  Office

  $300,896

  Institutional / Educational

  $313,553

  Residential Income

  $366,857

  Multifamily

  $431,451

  Automotive / Energy

  $268,759

  Parking / Income-Based Land

  $91,224.20

  Restaurant / Food Service

  $159,881

  Healthcare / Senior Housing

  $307,173

Location Insight

City

Pharr

County

Hidalgo

State

Texas

Latitude

26.1669

Longitude

-98.1892

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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