High-Visibility Flex/Industrial
618 W Van Buren Ave. Harlingen, TX 78550
For Sale
Contact for pricing
Flex/industrial building positioned along a well-traveled corridor with prominent frontage and signage visibility.
Property Size5,000 SF
Price / SF$51.80
Days on Market62
Property Features for 618 W Van Buren Ave.
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1979
Listing Agency:
eVillage Realty, LLC
Listed By:
Ryan McDaniel · License #TX
Source:
Crexi
Added: May 24
Changed: Jul 10
Last Checked: Jul 23 at 7:25PM
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 eVillage Realty, LLC
Investment Insights
Based on property information with market context.
This for-sale flex/industrial property offers a commercial building configuration suitable for a range of business uses. The offering is presented as a high-visibility site with prominent frontage and signage visibility designed to support storefront-style exposure and day-to-day customer access.
The property is located at 618 W Van Buren Ave in Harlingen, Texas, on a well-traveled corridor. According to the public remarks, the location provides convenient accessibility and is surrounded by established businesses, retail centers, dining, and professional services, supporting visibility to both local customers and passersby. The remarks also indicate quick access to major roadways, downtown Harlingen, and nearby residential communities.
For tenants, operators, and buyers seeking a centrally positioned commercial site with strong exposure, this building’s flex/industrial designation and described frontage and signage attributes may align with a variety of local commercial needs. It is best suited for those who value visibility and practical accessibility for daily operations, client traffic, or customer walk-ins, while using the flexibility of a flex/industrial framework to fit their specific use.
The property is located at 618 W Van Buren Ave in Harlingen, Texas, on a well-traveled corridor. According to the public remarks, the location provides convenient accessibility and is surrounded by established businesses, retail centers, dining, and professional services, supporting visibility to both local customers and passersby. The remarks also indicate quick access to major roadways, downtown Harlingen, and nearby residential communities.
For tenants, operators, and buyers seeking a centrally positioned commercial site with strong exposure, this building’s flex/industrial designation and described frontage and signage attributes may align with a variety of local commercial needs. It is best suited for those who value visibility and practical accessibility for daily operations, client traffic, or customer walk-ins, while using the flexibility of a flex/industrial framework to fit their specific use.
Key Highlights
- Commercial flex/industrial building at 618 W Van Buren Ave in Harlingen
- Year built: 1979
- Positioned along a well‑traveled corridor with prominent frontage
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.4k | $7.08 |
| − Vacancy | −$2.0k | −$0.40 |
| EGI | $33.4k | $6.68 |
| − OpEx | −$10.0k | −$2.01 |
| NOI | $23.4k | $4.68 |
5,000 SF · lease $7.08/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$611.0K
$534.6K – $712.9K
NOI $42,771 @ 7.0% cap · market cap 16.51%
Second Best
Industrial
$334.2K
$292.4K – $389.9K
NOI $23,392 @ 7.0% cap · market cap 9.03%
Theoretical Best
Healthcare Medical
$860.9K
$753.3K – $1.00M
NOI $60,264 @ 7.0% cap · market cap 23.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mike's Plumbing Electrical ...
Plumbing Service
Similar Off Market Nearby
- SmokinBucks — Harlingen, TX 78550
FAQs
What type of property is this?
Flex space - Flex/industrial building positioned along a well-traveled corridor with prominent frontage and signage visibility.
Where is this flex space located?
The property is located at 618 W Van Buren Ave. Harlingen, TX.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Commercial flex/industrial building at 618 W Van Buren Ave in Harlingen; Year built: 1979; Positioned along a well‑traveled corridor with prominent frontage
