Refrigerated Cold Storage
For Sale
$2,100,000
1300 W US Highway Business 83, Alamo, TX 78516
Commercial Sale, Alamo, TX
Property Size24,901 SF
Lot Size2.00 Acres
Price / SF$84.33
Days on Market78
Property Features for 1300 W US Highway Business 83
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
51
Parking features
Covered
Patio and Porch features
Patio
Exterior features
Storage
Appliances
Water Heater (Other)
Directions
Located in Alamo at the northwest corner of US Business Highway 83 and N.13th Street.
Standard status
Active
APN
F704500000000100
Size
24,901 SF
Lot size
2.00 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
42455
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1970
Floors in Building
1
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Equity Assets Realty
(956) 369-0899
Listed By:
Eugenia Morales · License #801066604
(956) 802-3375
Added: Jul 4
Changed: Sep 4
Last Checked: Sep 19 at 11:06AM
MLS# 508821
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This refrigerated storage facility contains 24,901 square feet of improvements on 2.0015 acres. The layout includes dry storage, cold storage, and 3,443 square feet of office space. A dock-high configuration supports loading operations, with four loading doors and a covered dock designed to serve five trucks simultaneously. The property also features a new all-concrete truck court, insulated loading-door cushions, covered parking, a patio, central heating and cooling, and a metal roof. Built in 1970, the facility is described as inspected, graded, and certified to USDA and FDA standards. Its address is 1300 W US Highway Business 83 in Alamo, Texas.
Key Highlights
- 24,901 SF facility on 2.0015 acres
- 3,443 SF of office space with dry and cold storage areas
- Dock‑high warehouse with four loading doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$159,112
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,182,240
$3.2M
Cap Rate 7%
$2,273,029
$2.3M
Cap Rate 9%
$1,767,911
$1.8M
Market Conditions
NOI Build-Up for 24,901 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$200.2K $8.04/SF
− Vacancy
−$13.0K −$0.52/SF
EGI
$187.2K $7.52/SF
− OpEx
−$28.1K −$1.13/SF
NOI
$159.1K $6.39/SF
Area
Hidalgo County, TX
Vacancy
6.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,182,240
Cap Rate 7%
$2,273,029
Cap Rate 9%
$1,767,911
Alternative Uses
Best Use
Warehouse
$2.27M
$1.99M – $2.65M
NOI $159,112 @ 7.0% cap · market cap 7.58%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$18.76M
$16.41M – $21.88M
NOI $1,312,905 @ 7.0% cap · market cap 62.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Dock-high doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
714
Businesses Nearby
Explore this area
Business Placement
Demographics for 78516, TX
34,506
Population
12,469
Households
2.8
Avg Household Size
32
Median Age
12%
College-Educated
59%
High-School Grad
37.8 sq mi
ZIP Area
913
Density / Sq Mi
$51,547
Median Household Income
$26,908
Median Earnings
$743
Median Rent
$102,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Refrigerated & cold storage - Dock-high building combines dry storage, temperature-controlled areas, and office space.
Where is this refrigerated & cold storage located?
The property is located at 1300 W US Highway Business 83 Alamo, TX.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 24,901 SF facility on 2.0015 acres; 3,443 SF of office space with dry and cold storage areas; Dock‑high warehouse with four loading doors
