Fenced Distribution Center
New
For Sale
$1,500,000
2601 N Skinner, Edinburg, TX 78542
Established industrial facility with gated access and combined warehouse, office, and guard-house improvements.
Property Size15,927 SF
Lot Size14.18 Acres
Price / SF$94.18
Days on Market5
Property Features for 2601 N Skinner
General Information
Standard status
Active
Size
15,927 SF
Lot size
14.18 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Building Details
Year Built
2014
Building Size
15,927 SF
Listing Agency:
Star Realty Group, Llc
Listed By:
Jose Narvaez · License #801067539
(956) 631-0194
Source:
Tnt
Added: Sep 12
Last Checked: Sep 14 at 6:20AM
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 Realty Group, Llc
Investment Insights
Based on property information with market context.
Built in 2014, this distribution center property encompasses 14.18 acres with a 15,927-square-foot improvement package. The facility includes warehouse, office, and guard-house space, providing a combination of operational and administrative areas within one industrial property. The site is fully fenced and includes multiple gated entrances.
The property is located at 2601 N Skinner in Edinburg, Texas. I-69C and Monte Cristo Road are identified as approximately 10 minutes away, providing access to nearby transportation routes. The acreage, secured perimeter, and existing facility improvements support warehouse and distribution operations.
The property is located at 2601 N Skinner in Edinburg, Texas. I-69C and Monte Cristo Road are identified as approximately 10 minutes away, providing access to nearby transportation routes. The acreage, secured perimeter, and existing facility improvements support warehouse and distribution operations.
Key Highlights
- 14.18‑acre distribution center property at 2601 N Skinner, Edinburg, TX 78542
- 15,927 SqFt of warehouse, office, and guard‑house space
- Fully fenced site with multiple gated entrances
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
$117,455
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
7.83%
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%
$2,349,100
$2.3M
Cap Rate 7%
$1,677,929
$1.7M
Cap Rate 9%
$1,305,056
$1.3M
Market Conditions
NOI Build-Up for 15,927 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
$143.3K $9.00/SF
− Vacancy
−$5.2K −$0.32/SF
EGI
$138.2K $8.68/SF
− OpEx
−$20.7K −$1.30/SF
NOI
$117.5K $7.37/SF
Area
Edinburg, 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 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%
$2,349,100
Cap Rate 7%
$1,677,929
Cap Rate 9%
$1,305,056
Alternative Uses
Best Use
Warehouse
$1.68M
$1.47M – $1.96M
NOI $117,455 @ 7.0% cap · market cap 7.83%
Second Best
Industrial
$1.32M
$1.15M – $1.54M
NOI $92,329 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$4.13M
$3.62M – $4.82M
NOI $289,285 @ 7.0% cap · market cap 19.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
42
Businesses Nearby
Explore this area
Business Placement
Demographics for 78542, TX
84,678
Population
25,198
Households
3.4
Avg Household Size
28
Median Age
13%
College-Educated
64%
High-School Grad
176.0 sq mi
ZIP Area
481
Density / Sq Mi
$52,962
Median Household Income
$30,377
Median Earnings
$876
Median Rent
$123,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Distribution center - Established industrial facility with gated access and combined warehouse, office, and guard-house improvements.
Where is this distribution center located?
The property is located at 2601 N Skinner Edinburg, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 14.18‑acre distribution center property at 2601 N Skinner, Edinburg, TX 78542; 15,927 SqFt of warehouse, office, and guard‑house space; Fully fenced site with multiple gated entrances
