Fenced Flex Warehouse with
201 E Expressway 83 La Feria, TX 78559
201 E Expressway 83, La Feria, TX, 78559
$875,000
For Sale
$875,000
Fully fenced 7,200 SF metal building on a 2.17-acre site on Expressway 83, suited for yard and light industrial use.
Property Size7,200 SF
Lot Size2.17 Acres
Price / SF$121.53
Days on Market16
Property Features for 201 E Expressway 83
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Lot size
- 2.17 Acres
Listing agency
Star Properties Real Estate
(956) 458-1696
Listed by
Jasen Hardison
(956) 458-1696
Source
Exprealty
Added: Jul 8 Updated: Jul 22 at 1:34PM Checked: Jul 22 at 1:34PM
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 Star Properties Real Estate
Investment Insights
Based on property information with market context.
This fenced flex warehouse and yard is offered for sale or lease and includes a 7,200 SF metal building on a 2.17-acre commercial site. The property is improved and positioned for operational flexibility, with space that can support equipment sales or retail, contractor or service yard activity, light industrial operations, or distribution use.
The site is directly located on Expressway 83 (Interstate 2) in La Feria, TX, providing direct access from a major roadway. It is fully fenced, which can support vehicle or equipment staging and perimeter-controlled operations.
For buyers or tenants looking for a turnkey setup, the combination of the metal warehouse structure and fenced yard area provides a practical footprint for a range of industrial and commercial uses.
The site is directly located on Expressway 83 (Interstate 2) in La Feria, TX, providing direct access from a major roadway. It is fully fenced, which can support vehicle or equipment staging and perimeter-controlled operations.
For buyers or tenants looking for a turnkey setup, the combination of the metal warehouse structure and fenced yard area provides a practical footprint for a range of industrial and commercial uses.
Key Highlights
- 2.17‑acre commercial site at 201 E Expressway 83 in La Feria, TX
- Directly on Expressway 83 (Interstate 2)
- Fully fenced and improved for commercial use
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.9k | $13.32 |
| − Vacancy | −$1.2k | −$0.16 |
| EGI | $94.8k | $13.16 |
| − OpEx | −$33.2k | −$4.61 |
| NOI | $61.6k | $8.55 |
7,200 SF · lease $13.32/SF/yr · vacancy 1.20% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$879.9K
$769.9K – $1.03M
NOI $61,590 @ 7.0% cap · market cap 7.04%
Second Best
Warehouse
$584.3K
$511.3K – $681.7K
NOI $40,903 @ 7.0% cap · market cap 4.67%
Theoretical Best
Healthcare Medical
$1.24M
$1.08M – $1.45M
NOI $86,780 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
B-C Equipment Sales
Corporate Office
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Fully fenced 7,200 SF metal building on a 2.17-acre site on Expressway 83, suited for yard and light industrial use.
Where is this flex space located?
The property is located at 201 E Expressway 83 La Feria, TX.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 2.17‑acre commercial site at 201 E Expressway 83 in La Feria, TX; Directly on Expressway 83 (Interstate 2); Fully fenced and improved for commercial use
