2506 Cage BlvdPharr, TX 78577

  • Retail properties
  • 2,093 SF
For Lease
$18.06/SF/YR View listing

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
Retail properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $422,803
    6.5%
    $390,279
    7%
    $362,402
  • Comparable approach

    Method
    Valuation
    Relative Method
    $454,815
    Geo Method
    $1,198,704
  • Alternative Use

    Use
    Valuation
    Residential
    $329,215
    Hospitality
    $301,559
    Educational
    $250,894
    Medical
    $259,523
    Retail
    $390,279
2506 Cage Blvd, Pharr, Texas

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$4,763
$51,198
$118,595
$169,793
-
$51,198
$118,595
$169,793

FAQs

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