Refrigerated Cold Storage
2200 & 2100 Trophy Drive, McAllen, TX 78504
For Sale
New
$10,000,000
Industrial property with temperature-controlled storage, conditioned space, and dedicated office and support areas.
Property Size118,000 SF
Lot Size12.24 Acres
Price / SF$84.75
Days on Market2
Property Features for 2200 & 2100 Trophy Drive
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Warehouse & Industrial
Office Build-Out
Cold Storage
Cold Storage Area
Cold Storage Temp
Additional Details
Highway Access
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
Storage
Building Details
Building Size
Year Built
Stories
Listing Agency:
NAI STX
(956) 994-8900
Listed By:
Michael J. Blum · License ##426545
(956) 451-5596
Source:
Culturare
Added: Nov 6
Last Checked: Nov 6 at 2:19PM
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 NAI STX
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.
This refrigerated and cold-storage facility sits on a 12.24-acre site and totals approximately 119,000 SF. More than 84,000 SF is maintained at 36 degrees, complemented by 23,978 SF of air-conditioned space and 11,400 SF for offices, a break room, and other support functions. Built in 1995, the property is zoned I1.
The facility is at Trophy Drive and N. 23rd Street in McAllen’s northwest industrial district. Regional access is available from Interstate 2 via Ware Road and 3 Mile.
The facility is at Trophy Drive and N. 23rd Street in McAllen’s northwest industrial district. Regional access is available from Interstate 2 via Ware Road and 3 Mile.
Key Highlights
- 12.24‑acre site at Trophy Drive and N. 23rd Street
- Approximately 119,000 SF total facility area
- Over 84,000 SF of cold storage maintained at 36 degrees
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$870,203
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$17,404,060
$17.4M
Cap Rate 7%
$12,431,471
$12.4M
Cap Rate 9%
$9,668,922
$9.7M
Market Conditions
NOI Build-Up for 118,000 SF
Gross rent
$1.06M $9.00/SF
− Vacancy
−$38.2K −$0.32/SF
EGI
$1.02M $8.68/SF
− OpEx
−$153.6K −$1.30/SF
NOI
$870.2K $7.37/SF
Area
McAllen, TX
Vacancy
3.60%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$17,404,060
Cap Rate 7%
$12,431,471
Cap Rate 9%
$9,668,922
Alternative Uses
Best Use
Warehouse
$12.43M
$10.88M – $14.50M
NOI $870,203 @ 7.0% cap · market cap 8.70%
Second Best
Industrial
$10.34M
$9.05M – $12.07M
NOI $723,933 @ 7.0% cap · market cap 7.24%
Theoretical Best
Office A
$32.04M
$28.04M – $37.38M
NOI $2,242,944 @ 7.0% cap · market cap 22.43%
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
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,278
Businesses Nearby
Explore this area
Business Placement
Demographics for 78504, TX
56,830
Population
21,417
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
86%
High-School Grad
19.6 sq mi
ZIP Area
2,899
Density / Sq Mi
$77,627
Median Household Income
$41,632
Median Earnings
$1,178
Median Rent
$203,900
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?
Refrigerated & cold storage - Industrial property with temperature-controlled storage, conditioned space, and dedicated office and support areas.
Where is this refrigerated & cold storage located?
The property is located at 2200 & 2100 Trophy Drive McAllen, TX.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: 12.24‑acre site at Trophy Drive and N. 23rd Street; Approximately 119,000 SF total facility area; Over 84,000 SF of cold storage maintained at 36 degrees
