Flexible Warehouse Flex
For Lease
$17,479/Mo
505 W Owassa Rd, Edinburg, TX 78542
Flexible warehouse-style space designed to accommodate a range of operating needs, with convenient access near major roadways.
Space SizeContact for details
Days on Market766
Property Features for 505 W Owassa Rd
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$50,016
Listing Agency:
Coldwell Banker Commercial Rio Grande Valley
(956) 451-2983
Listed By:
Daniel Galvan · License #582851
(956) 451-2983
Source:
Exprealty
Added: Jul 15, 2024
Changed: Aug 16
Last Checked: Aug 17 at 9:02PM
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 Coldwell Banker Commercial Rio Grande Valley
Investment Insights
Based on property information with market context.
This versatile building is designed for multi-use occupancy, offering a flexible layout that can be customized to align with changing requirements. The configuration is intended to support a variety of users who need warehouse and flex functionality in one space.
The property is located in Edinburg, Texas, with stated proximity to Owassa Road and Highway 281, supporting convenient and straightforward access for daily operations and deliveries. The site also includes a pond, described as approximately 6 acres, creating a quieter, more tranquil setting within the overall property.
For tenants seeking adaptable industrial or warehouse flex space, the emphasis on customizable layout makes it practical for operations that may evolve over time. Its combination of warehouse-style space and flexibility can be useful for companies looking for a single location that can adjust to their functional needs, while maintaining ease of access to the surrounding roadway network.
The property is located in Edinburg, Texas, with stated proximity to Owassa Road and Highway 281, supporting convenient and straightforward access for daily operations and deliveries. The site also includes a pond, described as approximately 6 acres, creating a quieter, more tranquil setting within the overall property.
For tenants seeking adaptable industrial or warehouse flex space, the emphasis on customizable layout makes it practical for operations that may evolve over time. Its combination of warehouse-style space and flexibility can be useful for companies looking for a single location that can adjust to their functional needs, while maintaining ease of access to the surrounding roadway network.
Key Highlights
- Flexible warehouse‑style building with a multi‑functional layout designed to accommodate a range of operating needs.
- On‑site 6‑acre pond offering a quiet, tranquil setting.
- Convenient access near Owassa Road and Highway 281 in Edinburg, TX.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.37 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
320
Businesses Nearby
Balanced
Demand for This Use
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
Lease Benchmarks for Edinburg, TX
$20.94 /SF/Yr
Avg Asking Price
$16–$29.16 /SF/Yr
Price Range
2,435 SF
Avg Space Size
This space is priced 39% above the average of $20.94 /SF/Yr.
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- The Social Club — 205 Conquest Blvd, Edinburg, TX 78539
Frequently Asked Questions
What type of property is this?
Flex space - Flexible warehouse-style space designed to accommodate a range of operating needs, with convenient access near major roadways.
Where is this flex space located?
The property is located at 505 W Owassa Rd Edinburg, TX.
What is the lease rate?
The lease rate is $17,479/Mo.
What are key features of this property?
This property features: Flexible warehouse‑style building with a multi‑functional layout designed to accommodate a range of operating needs.; On‑site 6‑acre pond offering a quiet, tranquil setting.; Convenient access near Owassa Road and Highway 281 in Edinburg, TX.
