Cannabis-Use Warehouse with
For Sale
Contact for pricing
12500 S US Hwy 183 #B, Luling, TX 78648
The insulated warehouse has climate control and three-phase power to support grow-operation use.
Property Size3,200 SF
Price / SF$0.94
Days on Market76
Property Features for 12500 S US Hwy 183 #B
General Information
Standard status
Active
Size
3,200 SF
Property subtype
MixedUse
Building Details
Year Built
2023
Listing Agency:
Charles Harrison
(833) 600-7511
Listed By:
Ashley Bonilla
(830) 549-7668
Source:
Hoydenhomes
Added: Aug 16
Changed: Oct 28
Last Checked: Oct 28 at 4:47PM
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 Charles Harrison
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.
Built in 2023, this 3,200-square-foot warehouse unit has two 14-foot roll-up doors and 20-foot interior ceilings. Spray foam insulation and HVAC are installed, along with three-phase power. The property is presented for grow-operation use.
The site is at 12500 S US Hwy 183 #B in Luling, just off US 183. I-10 and North US 183 provide regional access; Austin and San Antonio are each about 40 minutes away.
The site is at 12500 S US Hwy 183 #B in Luling, just off US 183. I-10 and North US 183 provide regional access; Austin and San Antonio are each about 40 minutes away.
Key Highlights
- 3,200‑square‑foot warehouse unit built in 2023
- Two 14‑foot roll‑up doors and 20‑foot interior ceilings
- Full spray foam insulation and HVAC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,217
Suggested Prices Based on Cap Rates
Cap Rate 5%
$644,340
$644.3K
Cap Rate 7%
$460,243
$460.2K
Cap Rate 9%
$357,967
$358.0K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$47.6K $14.88/SF
− Vacancy
−$9.7K −$3.04/SF
EGI
$37.9K $11.84/SF
− OpEx
−$5.7K −$1.78/SF
NOI
$32.2K $10.07/SF
Area
Caldwell County, TX
Vacancy
20.40%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$644,340
Cap Rate 7%
$460,243
Cap Rate 9%
$357,967
Alternative Uses
Best Use
Warehouse
$460.2K
$402.7K – $537.0K
NOI $32,217 @ 7.0% cap · market cap 1,073.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,638 @ 7.0% cap · market cap 3,121.27%
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
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 78648, TX
8,167
Population
3,563
Households
2.3
Avg Household Size
39
Median Age
11%
College-Educated
75%
High-School Grad
132.9 sq mi
ZIP Area
61
Density / Sq Mi
$56,533
Median Household Income
$30,836
Median Earnings
$1,063
Median Rent
$217,400
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
Frequently Asked Questions
What type of property is this?
Cannabis property - The insulated warehouse has climate control and three-phase power to support grow-operation use.
Where is this cannabis property located?
The property is located at 12500 S US Hwy 183 #B Luling, TX.
What are key features of this property?
This property features: 3,200‑square‑foot warehouse unit built in 2023; Two 14‑foot roll‑up doors and 20‑foot interior ceilings; Full spray foam insulation and HVAC
