Refrigerated Cold Storage
For Sale
Under Contract
$1,500,000
568 Carter, Hondo, TX 78861
COMMERCIAL/INDUSTRIAL, Hondo, TX
Property Size23,050 SF
Lot Size4.00 Acres
Price / SF$65.08
Days on Market112
Property Features for 568 Carter
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active Under Contract
Size
23,050 SF
Lot size
4.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
4.0 acres out of S156, A359 & S157, A360, City of Hondo, Medina Co., TX
Legal Description
4.0 acres out of S156, A359 & S157, A360, City of Hondo, Medina Co., TX
Utilities
Sewer type
Unknown
Cooling system
Central Air, Electric
Building Details
Floors in Building
1
Flooring type
Tile, Concrete
Building materials
Metal Fabricated
Roof type
Metal
Listing Agency:
VAL VERDE REALTY
Listed By:
James Robert Mcbee · License #0373143
(830) 703-6454
Added: Jul 10
Changed: Oct 22
Last Checked: Oct 29 at 6:06PM
MLS# 207554
Copyright © 2026 Del Rio Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This refrigerated cold storage facility spans three buildings on a 4-acre, perimeter-fenced tract. The primary warehouse contains approximately 14,800 square feet and was built in 1986, with expansions completed in 2004 and 2020. More than 10,000 square feet is insulated and refrigerated, with capacity of approximately 17 tons. The property also includes a 1,600-square-foot freestanding office constructed in 2008 and a 6,650-square-foot equipment shed completed in 2022.
A central yard and parking area serve the improvements, with a loading well at the warehouse. Access is controlled through a gated keypad entry. The former beer distributorship is located in Hondo, Medina County, approximately 45 minutes from San Antonio and two hours from Del Rio. Construction includes metal fabrication, concrete and tile flooring, central air, electric cooling, and metal roofing.
A central yard and parking area serve the improvements, with a loading well at the warehouse. Access is controlled through a gated keypad entry. The former beer distributorship is located in Hondo, Medina County, approximately 45 minutes from San Antonio and two hours from Del Rio. Construction includes metal fabrication, concrete and tile flooring, central air, electric cooling, and metal roofing.
Key Highlights
- 14,800+/- SF warehouse with 10,000+/- SF insulated and refrigerated space
- Refrigeration capacity of 17+/- tons
- Three‑building facility totaling 23,050 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$137,954
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,759,080
$2.8M
Cap Rate 7%
$1,970,771
$2.0M
Cap Rate 9%
$1,532,822
$1.5M
Market Conditions
NOI Build-Up for 23,050 SF
Gross rent
$207.5K $9.00/SF
− Vacancy
−$10.4K −$0.45/SF
EGI
$197.1K $8.55/SF
− OpEx
−$59.1K −$2.56/SF
NOI
$138.0K $5.98/SF
Area
Medina County, TX
Vacancy
5.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,759,080
Cap Rate 7%
$1,970,771
Cap Rate 9%
$1,532,822
Alternative Uses
Best Use
Office B
$4.49M
$3.93M – $5.24M
NOI $314,146 @ 7.0% cap · market cap 20.94%
Second Best
Warehouse
$2.39M
$2.09M – $2.79M
NOI $167,516 @ 7.0% cap · market cap 11.17%
Theoretical Best
Office A
$5.88M
$5.14M – $6.86M
NOI $411,576 @ 7.0% cap · market cap 27.44%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
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Business Placement
Demographics for 78861, TX
13,298
Population
5,163
Households
2.6
Avg Household Size
39
Median Age
17%
College-Educated
82%
High-School Grad
490.7 sq mi
ZIP Area
27
Density / Sq Mi
$64,491
Median Household Income
$39,711
Median Earnings
$1,131
Median Rent
$210,100
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Refrigerated & cold storage - Fenced three-building commercial property with insulated warehouse space, separate office, equipment shed, loading well, and gated keypad entry.
Where is this refrigerated & cold storage located?
The property is located at 568 Carter Hondo, 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: 14,800+/- SF warehouse with 10,000+/- SF insulated and refrigerated space; Refrigeration capacity of 17+/- tons; Three‑building facility totaling 23,050 square feet
