Warehouse with Covered Work
New
For Sale
$970,000
135 Sioux Road, Alamo, TX 78516
Irrigated acreage producing hay complements the warehouse, covered work space, and on-site living quarters.
Property Size12,124 SF
Price / SF$80.01
Days on Market3
Property Features for 135 Sioux Road
General Information
Standard status
Active
Size
12,124 SF
Total Parking Spaces
6
Property subtype
Commercial
Warehouse & Industrial
Warehouse Space
6,000 SF
Three-Phase Power
Yes
Cold Storage
Yes
Land
Land Use
agricultural, commercial
Irrigation
Yes
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$3,615
Amenities
living quarters
office
walk-in cooler/freezer
covered area
Storage
Building Details
Building Size
12,124 SF
Year Built
1980
Stories
2
Listing Agency:
BIG Realty
(956) 465-0011
Listed By:
Gregory A Vasquez · License #TEXAS0665545
(956) 289-3288
Source:
Gdvrealty
Added: Oct 22
Changed: Oct 24
Last Checked: Oct 23 at 4:49PM
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 BIG Realty
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Investment Insights
Based on property information with market context.
The property includes a 6,000-square-foot warehouse and a separate 6,000-square-foot covered area. Three oversized bay doors, a built-in frame machine, and 3-phase electrical service support work-oriented use. Spray foam insulation, an office, living quarters, and storage are also part of the improvements; one storage building can function as a walk-in cooler or freezer.
Nearly 13 acres accompany the buildings, with more than 92% laser-leveled and irrigated. The land is currently producing hay. The acreage may be sold separately from the building.
Nearly 13 acres accompany the buildings, with more than 92% laser-leveled and irrigated. The land is currently producing hay. The acreage may be sold separately from the building.
Key Highlights
- Nearly 13 acres, with more than 92% laser‑leveled and irrigated
- 6,000 sq ft warehouse plus a separate 6,000 sq ft covered area
- Three oversized bay doors and a built‑in frame machine
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,470
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,549,400
$1.5M
Cap Rate 7%
$1,106,714
$1.1M
Cap Rate 9%
$860,778
$860.8K
Market Conditions
NOI Build-Up for 12,124 SF
Gross rent
$97.5K $8.04/SF
− Vacancy
−$6.3K −$0.52/SF
EGI
$91.1K $7.52/SF
− OpEx
−$13.7K −$1.13/SF
NOI
$77.5K $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 Rate 5%
$1,549,400
Cap Rate 7%
$1,106,714
Cap Rate 9%
$860,778
Alternative Uses
Best Use
Warehouse
$1.11M
$968.4K – $1.29M
NOI $77,470 @ 7.0% cap · market cap 7.99%
Second Best
Industrial
$911.4K
$797.5K – $1.06M
NOI $63,799 @ 7.0% cap · market cap 6.58%
Theoretical Best
Hotel Hospitality
$9.13M
$7.99M – $10.65M
NOI $639,238 @ 7.0% cap · market cap 65.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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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?
Warehouse - Irrigated acreage producing hay complements the warehouse, covered work space, and on-site living quarters.
Where is this warehouse located?
The property is located at 135 Sioux Road Alamo, TX.
What is the asking price?
The asking price for this property is $970,000.
What are key features of this property?
This property features: Nearly 13 acres, with more than 92% laser‑leveled and irrigated; 6,000 sq ft warehouse plus a separate 6,000 sq ft covered area; Three oversized bay doors and a built‑in frame machine
