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Refrigerated & Cold Storage Facility
For Sale
$2,100,000

1300 W Us Highway 83, Alamo, TX 78516

Updated refrigerated facility with dock-high loading, dry storage, cold storage, and office space.

Property Size24,901 SF
Lot Size2.00 Acres
Price / SF$84.33
Days on Market59

Property Features for 1300 W Us Highway 83

General Information

Standard status Active
Size 24,901 SF
Lot size 2.00 Acres

Site & Location

Highway Access Yes
Road Access Yes

Warehouse & Industrial

Office Build-Out 3,443 SF
Dock-High Doors 4
Cold Storage Yes

Taxes and HOA fees

Annual Taxes $42,455

Building Details

Building Size 24,901 SF
Listing Agency: Equity Assets Realty
Listed By: Eugenia Morales · License #801066604
Source: Exprealty
Added: Jul 4 Changed: Aug 30 Last Checked: Aug 30 at 11:48PM

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 Equity Assets Realty

Investment Insights

Based on property information with market context.

This refrigerated and cold storage facility in Alamo, Texas, combines dock-high warehouse operations with dry storage, temperature-controlled areas, and 3, 443 sq. ft. of office space. The improvements total 24, 901 SF and occupy 2.0 acres. The property is currently inspected and graded/certified to USDA and FDA standards.

A covered truck dock accommodates five trucks at a time and includes four loading doors with insulated cushions. The site also features a new all-concrete truck court, supporting truck circulation and loading activity at 1300 W. US Highway 83.

Key Highlights

  • 24, 901 SF facility on 2.0 acres
  • Dock‑high warehouse with dry storage and cold storage areas
  • 3, 443 sq. ft. of office space

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 (±1% cap)
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 (±1% cap)
NOI $1,312,905 @ 7.0% cap · market cap 62.52%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Refrigerated & Cold Storage

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

4
Dock-high doors
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

558
Businesses Nearby

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Refrigerated & cold storage - Updated refrigerated facility with dock-high loading, dry storage, cold storage, and office space.
Where is this refrigerated & cold storage located?
The property is located at 1300 W Us Highway 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 2.0 acres; Dock‑high warehouse with dry storage and cold storage areas; 3, 443 sq. ft. of office space
More about this property
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