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Warehouse and Athletic Training Facility
For Sale
$6,000,000

4309 W Us Highway 83, McAllen, TX 78501

Mixed-use warehouse and fully equipped gym/training center with 22-foot clear height and multiple roll-up doors.

Property Size27,750 SF
Lot Size2.50 Acres
Price / SF$216.22
Days on Market349

Property Features for 4309 W Us Highway 83

General Information

Standard status Active
Size 27,750 SF
Lot size 2.50 Acres

Site & Location

Highway Access Yes
Road Access Yes

Warehouse & Industrial

Clear Height 22 ft
Drive-In Doors 4

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $45,512
Listing Agency: Encore Fine Properties
Listed By: Martie Martinez
Source: Exprealty
Added: Nov 7, 2025 Changed: Oct 4 Last Checked: Oct 21 at 12:35AM

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 Encore Fine Properties

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Investment Insights

Based on property information with market context.

This exceptional mixed-use commercial facility combines a warehouse with a fully equipped athletic gym and training center in a flexible, divisible layout. The building features 22-foot clear ceiling height, concrete floors, HVAC throughout, and four roll-up doors. The gym/training area includes 22-foot ceilings, a full-size hardwood basketball court, a volleyball training area, a martial arts room, and a weight training area with equipment. Additional amenities include an incline ramp for training, private men’s and women’s restrooms, and a retail/office front area.

The property is located along W. Bus. Hwy 83 with convenient access on Bentsen Rd, and it is close to Interstate Hwy 2. The site offers great visibility and is described as having a high traffic count. A separate 2,684-square-foot brick home on the property includes 4 bedrooms and 3 bathrooms, with some recent updates.

With both warehouse functionality and specialized training improvements already in place, the facility can fit operators seeking sports and fitness use, tenants needing a high-clearance warehouse environment, or buyers considering redevelopment options. Its adaptable configuration and on-site residential component add additional flexibility for a range of commercial planning approaches.

Key Highlights

  • 29,550 SF mixed‑use building on 2.5+ acres with 22‑foot clear ceiling height and HVAC throughout
  • Warehouse space includes four roll‑up doors, concrete floors, and a flexible, divisible layout
  • Fully equipped gym/training areas with 22‑foot ceilings, full‑size hardwood basketball court, and volleyball training area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$204,645
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,092,900 $4.1M
Cap Rate 7%
$2,923,500 $2.9M
Cap Rate 9%
$2,273,833 $2.3M
Market Conditions
NOI Build-Up for 27,750 SF
Gross rent
$249.8K $9.00/SF
− Vacancy
−$9.0K −$0.32/SF
EGI
$240.8K $8.68/SF
− OpEx
−$36.1K −$1.30/SF
NOI
$204.6K $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%
$4,092,900
Cap Rate 7%
$2,923,500
Cap Rate 9%
$2,273,833

Alternative Uses

Best Use
Warehouse
$2.92M
$2.56M – $3.41M (±1% cap)
NOI $204,645 @ 7.0% cap · market cap 3.41%
Second Best
Flex RnD
$2.46M
$2.15M – $2.87M (±1% cap)
NOI $171,926 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$7.54M
$6.59M – $8.79M (±1% cap)
NOI $527,472 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Law Firm Dental Office Big Box & Wholesale Store Auto Parts Store Electrical Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22 ft
Clear height
4
Drive-in doors
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

375
Businesses Nearby
Under-served
Demand for This Use

Demographics for 78501, TX

60,817
Population
24,807
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
77%
High-School Grad
15.5 sq mi
ZIP Area
3,924
Density / Sq Mi
$49,451
Median Household Income
$29,092
Median Earnings
$943
Median Rent
$149,000
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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Mixed-use warehouse and fully equipped gym/training center with 22-foot clear height and multiple roll-up doors.
Where is this flex space located?
The property is located at 4309 W Us Highway 83 McAllen, TX.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 29,550 SF mixed‑use building on 2.5+ acres with 22‑foot clear ceiling height and HVAC throughout; Warehouse space includes four roll‑up doors, concrete floors, and a flexible, divisible layout; Fully equipped gym/training areas with 22‑foot ceilings, full‑size hardwood basketball court, and volleyball training area
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