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Warehouse Building with Renewed Lease
For Sale
$450,000

125 N G ST., Harlingen, TX 78551

Commercial Sale, HARLINGEN, TX

Property Size7,500 SF
Lot Size0.36 Acres
Price / SF$60
Days on Market94

Property Features for 125 N G ST.

General Information

Property type Commercial Sale
Property subtype Other
Subdivision SURVEY 24
Standard status Active
Size 7,500 SF
Lot size 0.36 Acres

Building Details

Year built 1955
Floors in Building 1
Listing Agency: MARCUS PHIPPS REAL ESTATE, LLC
Listed By: PAULINE ZUROVEC · License #568880
Added: Jul 31 Changed: Oct 22 Last Checked: Nov 1 at 5:06PM
MLS# 29778362

Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This warehouse property contains 7,500 square feet on a 0.36-acre parcel. The building was constructed in 1955 and has been occupied since 1995. A new five-year renewal has been signed, providing an established occupancy history for the property.

The asset is located at 125 N G St. in Harlingen, Texas 78551, within Cameron County.

Key Highlights

  • 7,500‑square‑foot warehouse property
  • Situated on a 0.36‑acre parcel
  • Building constructed in 1955

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,088
Cap Rate
7.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$701,760 $701.8K
Cap Rate 7%
$501,257 $501.3K
Cap Rate 9%
$389,867 $389.9K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$53.1K $7.08/SF
− Vacancy
−$3.0K −$0.40/SF
EGI
$50.1K $6.68/SF
− OpEx
−$15.0K −$2.01/SF
NOI
$35.1K $4.68/SF
Area
Cameron County, TX
Vacancy
5.60%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$701,760
Cap Rate 7%
$501,257
Cap Rate 9%
$389,867

Alternative Uses

Best Use
Warehouse
$608.7K
$532.6K – $710.1K (±1% cap)
NOI $42,607 @ 7.0% cap · market cap 9.47%
Second Best
Industrial
$501.3K
$438.6K – $584.8K (±1% cap)
NOI $35,088 @ 7.0% cap · market cap 7.80%
Theoretical Best
Healthcare Medical
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,396 @ 7.0% cap · market cap 20.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Univar Solutions Distribution Center

Suggested Use

Top Pick Dental Office Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store Real Estate Agency Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,272
Businesses Nearby
Under-served
Demand for This Use
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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Warehouse - Existing occupancy dates to 1995, with a newly signed five-year renewal.
Where is this warehouse located?
The property is located at 125 N G ST. Harlingen, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 7,500‑square‑foot warehouse property; Situated on a 0.36‑acre parcel; Building constructed in 1955
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Includes: Price & PSF · Cap rate · Location · Zoning

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