Insulated Warehouse on
For Sale
$450,000
26314 FM 681 Road, Edinburg, TX 78541
Insulated warehouse with overhead access on both sides, a loading dock, and paved-road access.
Property Size3,000 SF
Lot Size10.00 Acres
Price / SF$129.31
Days on Market29
Property Features for 26314 FM 681 Road
General Information
Standard status
Active
Size
3,000 SF
Lot size
10.00 Acres
Property subtype
General Commercial
Additional Details
Warehouse Space
3,000 SF
Taxes and HOA fees
Annual Taxes
$3,700
Amenities
3
10 Parking Spaces.
Loading Dock, Extra Storage. Paved Road.
Building Details
Year Built
2019
Building Size
3,000 SF
Construction
metal building
Listing Agency:
(956) 212-9911
Listed By:
Star Properties Real Estate
(956) 212-9911
Source:
Xome
Added: Aug 1
Changed: Aug 15
Last Checked: Aug 29 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 Properties Real Estate
Investment Insights
Based on property information with market context.
Set across 10 acres, this commercial property includes a 3,000-square-foot insulated warehouse within a metal building constructed in 2019. Overhead garage doors serve the east and west sides, supporting access from both building elevations. The property also includes a separate mobile home/office, extra storage, a loading dock, and 10 parking spaces.
The site is located along FM 681 Road near McCook, Texas, with paved road access. Septic infrastructure is in place. Sharyland water service is available, although the water meter has been removed and capped; establishing new water service will be the buyer’s responsibility. The mobile home/office is not connected to the electric power source.
The site is located along FM 681 Road near McCook, Texas, with paved road access. Septic infrastructure is in place. Sharyland water service is available, although the water meter has been removed and capped; establishing new water service will be the buyer’s responsibility. The mobile home/office is not connected to the electric power source.
Key Highlights
- 10‑acre commercial property along FM 681 Road
- 3,000‑square‑foot insulated warehouse in a 2019 metal building
- Overhead garage doors on both the east and west sides
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
$25,664
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
5.70%
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%
$513,280
$513.3K
Cap Rate 7%
$366,629
$366.6K
Cap Rate 9%
$285,156
$285.2K
Market Conditions
NOI Build-Up for 3,480 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
$31.3K $9.00/SF
− Vacancy
−$1.1K −$0.32/SF
EGI
$30.2K $8.68/SF
− OpEx
−$4.5K −$1.30/SF
NOI
$25.7K $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%
$513,280
Cap Rate 7%
$366,629
Cap Rate 9%
$285,156
Alternative Uses
Best Use
Warehouse
$366.6K
$320.8K – $427.7K
NOI $25,664 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$903.0K
$790.1K – $1.05M
NOI $63,208 @ 7.0% cap · market cap 14.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78541, TX
48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
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?
Warehouse - Insulated warehouse with overhead access on both sides, a loading dock, and paved-road access.
Where is this warehouse located?
The property is located at 26314 FM 681 Road Edinburg, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 10‑acre commercial property along FM 681 Road; 3,000‑square‑foot insulated warehouse in a 2019 metal building; Overhead garage doors on both the east and west sides
