Industrial Storage
For Sale
$295,000
618 Commerce St, San Benito, TX 78586
Warehouse with a loading dock and 1,800 sqft of storage space, positioned near downtown San Benito.
Property Size1,800 SF
Price / SF$163.89
Days on Market353
Property Features for 618 Commerce St
General Information
Standard status
Active
Size
1,800 SF
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,125
Listing Agency:
Max's Realty
(956) 607-3033
Listed By:
Maximo Saenz
(956) 607-1743
Source:
Exprealty
Added: Nov 3, 2025
Changed: Oct 15
Last Checked: Oct 20 at 9:45PM
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 Max's Realty
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Investment Insights
Based on property information with market context.
This warehouse offers dedicated storage space and includes a loading dock, making it suitable for industrial or storage-focused operations. The property is presented as an investment opportunity and is described as ideal for an industrial complex or additional storage.
The asset is located at 618 Commerce St in San Benito, TX, less than one mile from downtown San Benito and about one mile from W Expy 83, providing convenient access to key local routes.
The offering includes a total storage area of 1,800 sqft, with loading dock functionality to support practical loading and unloading needs.
The asset is located at 618 Commerce St in San Benito, TX, less than one mile from downtown San Benito and about one mile from W Expy 83, providing convenient access to key local routes.
The offering includes a total storage area of 1,800 sqft, with loading dock functionality to support practical loading and unloading needs.
Key Highlights
- Warehouse with a loading dock and 1,800 sqft of storage space
- Located less than 1 mile from downtown San Benito
- About 1 mile from W Expy 83
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,226
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$204,520
$204.5K
Cap Rate 7%
$146,086
$146.1K
Cap Rate 9%
$113,622
$113.6K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$12.7K $7.08/SF
− Vacancy
−$714 −$0.40/SF
EGI
$12.0K $6.68/SF
− OpEx
−$1.8K −$1.00/SF
NOI
$10.2K $5.68/SF
Area
Cameron County, TX
Vacancy
5.60%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$204,520
Cap Rate 7%
$146,086
Cap Rate 9%
$113,622
Alternative Uses
Best Use
Warehouse
$146.1K
$127.8K – $170.4K
NOI $10,226 @ 7.0% cap · market cap 3.47%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$309.9K
$271.2K – $361.6K
NOI $21,695 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78586, TX
50,135
Population
16,145
Households
3.1
Avg Household Size
32
Median Age
12%
College-Educated
64%
High-School Grad
152.5 sq mi
ZIP Area
329
Density / Sq Mi
$44,158
Median Household Income
$25,906
Median Earnings
$839
Median Rent
$83,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Preferred Self Storage Unit — 261 E Batts St, San Benito, TX 78586
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse with a loading dock and 1,800 sqft of storage space, positioned near downtown San Benito.
Where is this warehouse located?
The property is located at 618 Commerce St San Benito, TX.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Warehouse with a loading dock and 1,800 sqft of storage space; Located less than 1 mile from downtown San Benito; About 1 mile from W Expy 83
