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Mixed-Use Warehouse Property
New
For Sale
$2,750,000

514 N L Street, Harlingen, TX 78550

Light industrial zoning and a mix of occupied spaces accompany an event center with a commercial kitchen.

Property Size45,110 SF
Price / SF$60.96
Days on Market4

Property Features for 514 N L Street

General Information

Standard status Active
Size 45,110 SF
Total Parking Spaces 80
Property subtype Commercial
Zoning Light Industrial

Tenancy & Operations

Tenant in Place Yes
Real Estate Included Yes

Additional Details

Automotive Uses vehicle storage, dealership/vehicle sales
Property Use Warehouse

Taxes and HOA fees

Annual Taxes $7,581

Amenities

Storage
Mature Trees
Motorized Gate

Building Details

Building Size 45,110 SF
Year Built 1980
Stories 2
Tenancy Multi
Listing Agency: JUST REALTY
Listed By: Monica M Rodriguez Garza
Source: Justrealty
Added: Oct 22 Changed: Oct 24 Last Checked: Oct 24 at 3:25PM

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 JUST REALTY

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Investment Insights

Based on property information with market context.

Built in 1980, this mixed-use property comprises warehouse space divided into units, with electricity and lighting in seven of them. The building has light industrial zoning, and an event center with a commercial kitchen and restaurant is part of the property. Its exterior has recently received new paint.

Current occupants include a vehicle storage facility, two car lots, and storage users. The property is located at 514 N L Street in Harlingen, Texas. The city has approved buildout subject to structural engineering approval; commercial rezoning is also a possibility.

Key Highlights

  • Electricity and lighting are installed in 7 units
  • Light industrial zoning; commercial rezoning is possible
  • Includes an event center with a commercial kitchen and restaurant

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Dental Office Locksmith Catering Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,111
Businesses Nearby

Demographics for 78550, TX

56,038
Population
22,347
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
77%
High-School Grad
94.2 sq mi
ZIP Area
595
Density / Sq Mi
$51,524
Median Household Income
$32,065
Median Earnings
$863
Median Rent
$120,500
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?
Mixed-use property - Light industrial zoning and a mix of occupied spaces accompany an event center with a commercial kitchen.
Where is this mixed-use property located?
The property is located at 514 N L Street Harlingen, TX.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Electricity and lighting are installed in 7 units; Light industrial zoning; commercial rezoning is possible; Includes an event center with a commercial kitchen and restaurant
More about this property
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