Dock-High Warehouse and
For Sale
$5,900,000
1 Runnels Road, San Benito, TX 78586
Warehouse facility with four dock-high doors, one drive-in door, and trailer parking on a 10-acre industrial site.
Property Size82,025 SF
Lot Size10.00 Acres
Days on Market98
Property Features for 1 Runnels Road
General Information
Standard status
Active
Size
82,025 SF
Lot size
10.00 Acres
Property subtype
Industrial - Warehouse/Distribution
Warehouse & Industrial
Dock-High Doors
4
Drive-In Doors
1
Additional Details
Highway Access
Yes
Building Details
Building Size
82,025 SF
Year Built
2000
Listing Agency:
Coldwell Banker Commercial Rio Grande Valley
Listed By:
Daniel Galvan · License #582851
(956) 451-2983
Source:
Commercialcafe
Added: Jul 20
Changed: Oct 23
Last Checked: Oct 24 at 2:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Rio Grande Valley
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 10-acre industrial property is improved with a functional, well-maintained warehouse designed to support a range of operations. The building includes four dock-high doors and one grade-level drive-in door to accommodate loading and unloading needs. The site layout provides ample trailer parking and strong on-site maneuverability.
The property is located at 1 Runnels Road in San Benito, Texas, with close proximity to Interstate 69E for regional connectivity and convenient access to key transportation routes.
The available configuration combines dock-high loading capacity with grade-level access, supported by a yard designed for trailers and efficient movement around the facility.
The property is located at 1 Runnels Road in San Benito, Texas, with close proximity to Interstate 69E for regional connectivity and convenient access to key transportation routes.
The available configuration combines dock-high loading capacity with grade-level access, supported by a yard designed for trailers and efficient movement around the facility.
Key Highlights
- 10‑acre industrial site in San Benito, Texas with a functional, well‑maintained warehouse facility
- Warehouse has four dock‑high doors plus one grade‑level drive‑in door for loading and distribution
- On‑site trailer parking and ample maneuverability for logistics and transportation operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$465,983
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,319,660
$9.3M
Cap Rate 7%
$6,656,900
$6.7M
Cap Rate 9%
$5,177,589
$5.2M
Market Conditions
NOI Build-Up for 82,025 SF
Gross rent
$580.7K $7.08/SF
− Vacancy
−$32.5K −$0.40/SF
EGI
$548.2K $6.68/SF
− OpEx
−$82.2K −$1.00/SF
NOI
$466.0K $5.68/SF
Area
Cameron County, TX
Vacancy
5.60%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,319,660
Cap Rate 7%
$6,656,900
Cap Rate 9%
$5,177,589
Alternative Uses
Best Use
Warehouse
$6.66M
$5.82M – $7.77M
NOI $465,983 @ 7.0% cap · market cap 7.90%
Second Best
Industrial
$5.48M
$4.80M – $6.40M
NOI $383,751 @ 7.0% cap · market cap 6.50%
Theoretical Best
Healthcare Medical
$14.12M
$12.36M – $16.48M
NOI $988,631 @ 7.0% cap · market cap 16.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Dock-high doors
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,206
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78586, TX
50,135
Population
16,145
Households
3.1
Avg Household Size
32
Median Age
12%
College-Educated
64%
High-School Grad
152.5 sq mi
ZIP Area
329
Density / Sq Mi
$44,158
Median Household Income
$25,906
Median Earnings
$839
Median Rent
$83,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- U-Haul Moving & Storage at Ed Carey — 1218 s ed carey dr, harlingen, tx 78550
- Freedom Vault — 2805 S 77 Sunshine Strip, Harlingen, TX 78550
- Affordable Attic Self Storage — 2805 S 77 Sunshine Strip, Harlingen, TX 78550
- Self-Storage at U-Haul — 1218 N Ed Carey Dr, Harlingen, TX 78550
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse facility with four dock-high doors, one drive-in door, and trailer parking on a 10-acre industrial site.
Where is this warehouse located?
The property is located at 1 Runnels Road San Benito, TX.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: 10‑acre industrial site in San Benito, Texas with a functional, well‑maintained warehouse facility; Warehouse has four dock‑high doors plus one grade‑level drive‑in door for loading and distribution; On‑site trailer parking and ample maneuverability for logistics and transportation operations
