Industrial Warehouse With Rail
For Sale
$2,798,800
100 N Dogwood Street, Pharr, TX 78577
Commercial Sale, Pharr, TX
Property Size23,400 SF
Lot Size1.83 Acres
Price / SF$119.61
Days on Market137
Property Features for 100 N Dogwood Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
8
Parking features
Special Needs
Security features
Security System
Exterior features
Storage
Appliances
Electric Water Heater, Water Heater (None), Water Heater (Programmable thermostat)
Subdivision
Pharr Adjacent Acres
Lot features
Downtown
Directions
Coming from McAllen. Merge onto US-281 North / I-69C via the ramp to Edinburg. Take the exit for Sioux Road, then turn right onto Sioux Road. Continue on Sioux until you reach Cage Boulevard (US Business 281), then take a left. Turn right on Dogwood Street - the property at 100 N Dogwood St will be on your left-hand side in the commercial area.
Standard status
Active
APN
P62000000K000003
Size
23,400 SF
Lot size
1.83 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
19488
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1970
Floors in Building
2
Building materials
Aluminum Siding
Roof type
Flat
Additional Structures
Storage
Listing Agency:
BIG Realty
(956) 465-0011
Listed By:
Allen Lozano
(956) 246-2563
Added: May 4
Changed: Sep 4
Last Checked: Sep 17 at 2:06PM
MLS# 503430
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.
The property comprises 23,400 square feet of industrial improvements, including a 20,000-square-foot warehouse with more than five loading bays. Tilt-up concrete construction, a metal roof, central HVAC, two insulated rooms, canopy space, a mezzanine office, and a fenced concrete yard support a range of industrial operations. Office areas have been repainted and fitted with new countertops.
More than 30,000 square feet of paved concrete area provides substantial exterior operating space. A private railroad ramp connects the property to rail lines across Business 83, while the site’s Pharr location places it within an opportunity zone with access to major thoroughfares and transportation infrastructure. The property was built in 1970 and includes chain link fencing and storage features.
More than 30,000 square feet of paved concrete area provides substantial exterior operating space. A private railroad ramp connects the property to rail lines across Business 83, while the site’s Pharr location places it within an opportunity zone with access to major thoroughfares and transportation infrastructure. The property was built in 1970 and includes chain link fencing and storage features.
Key Highlights
- 23,400‑square‑foot industrial property with a 20,000‑square‑foot warehouse
- More than five loading bays for receiving and shipping operations
- Private railroad ramp with access to rail lines across Business 83
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
$149,521
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
5.34%
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%
$2,990,420
$3.0M
Cap Rate 7%
$2,136,014
$2.1M
Cap Rate 9%
$1,661,344
$1.7M
Market Conditions
NOI Build-Up for 23,400 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
$188.1K $8.04/SF
− Vacancy
−$12.2K −$0.52/SF
EGI
$175.9K $7.52/SF
− OpEx
−$26.4K −$1.13/SF
NOI
$149.5K $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%
$2,990,420
Cap Rate 7%
$2,136,014
Cap Rate 9%
$1,661,344
Alternative Uses
Best Use
Warehouse
$2.14M
$1.87M – $2.49M
NOI $149,521 @ 7.0% cap · market cap 5.34%
Second Best
Industrial
$1.76M
$1.54M – $2.05M
NOI $123,135 @ 7.0% cap · market cap 4.40%
Theoretical Best
Hotel Hospitality
$17.63M
$15.42M – $20.56M
NOI $1,233,765 @ 7.0% cap · market cap 44.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
920
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78577, TX
79,937
Population
26,568
Households
3
Avg Household Size
30
Median Age
18%
College-Educated
70%
High-School Grad
26.0 sq mi
ZIP Area
3,075
Density / Sq Mi
$49,768
Median Household Income
$28,186
Median Earnings
$988
Median Rent
$111,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property with loading access, paved yard areas, office space, and rail connectivity in Pharr.
Where is this warehouse located?
The property is located at 100 N Dogwood Street Pharr, TX.
What is the asking price?
The asking price for this property is $2,798,800.
What are key features of this property?
This property features: 23,400‑square‑foot industrial property with a 20,000‑square‑foot warehouse; More than five loading bays for receiving and shipping operations; Private railroad ramp with access to rail lines across Business 83
