Warehouse with Dock-High
6501 S 28th Street McAllen, TX 78503
6501 S 28th Street, McAllen, TX, 78503
Contact for pricing
For Sale
Contact for pricing
Vacant 18,700 SF warehouse on a 1.09-acre lot with four dock-high doors and two drive-in bays.
Property Size18,700 SF
Lot Size1.09 Acres
Price / SF$88.24
Days on Market139
Property Features for 6501 S 28th Street
General Information
- Standard status
- Active
- Size
- 18,700 SF
- Lot size
- 1.09 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1999
Listing agency
MDM Real Estate Group LLC
(956) 445-6430
Listed by
Jeanette Gutierrez
Source
Crexi
Added: Mar 4 Updated: Jul 21 at 3:57AM Checked: Jul 21 at 3:57AM
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 MDM Real Estate Group LLC
Investment Insights
Based on property information with market context.
This vacant warehouse is configured for distribution, logistics, light manufacturing, or storage use, featuring four dock-high loading docks and two drive-in bays. The site includes ample concrete yard space designed to support truck maneuvering, loading, and on-site circulation.
Located at 6501 S 28th St in McAllen’s established trade and logistics corridor, the property is positioned for convenient access to Military Highway, S 23rd Street, and major freight routes.
Set on a 1.09-acre lot, the building is offered for sale as an owner-user or investment opportunity in a high-demand industrial submarket.
Located at 6501 S 28th St in McAllen’s established trade and logistics corridor, the property is positioned for convenient access to Military Highway, S 23rd Street, and major freight routes.
Set on a 1.09-acre lot, the building is offered for sale as an owner-user or investment opportunity in a high-demand industrial submarket.
Key Highlights
- Vacant 18,700 SF warehouse built in 1999 on a 1.09‑acre lot
- Four dock‑high loading docks plus two drive‑in bays for loading and circulation
- Ample concrete yard and truck maneuvering space
Local Financial Insights For Warehouse
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 | $168.3k | $9.00 |
| − Vacancy | −$6.1k | −$0.32 |
| EGI | $162.2k | $8.68 |
| − OpEx | −$24.3k | −$1.30 |
| NOI | $137.9k | $7.37 |
18,700 SF · lease $9.00/SF/yr · vacancy 3.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.97M
$1.72M – $2.30M
NOI $137,905 @ 7.0% cap · market cap 8.36%
Second Best
Industrial
$1.64M
$1.43M – $1.91M
NOI $114,725 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$5.08M
$4.44M – $5.92M
NOI $355,450 @ 7.0% cap · market cap 21.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Distribution centers
Similar For Sale Nearby
Similar Off Market Nearby
- Lineage — 6800 S Ware Rd, McAllen, TX 78503
- i 2 Cold Storage — 2101 W Military Hwy STE I2, McAllen, TX 78503
- Papayas & More LLC — 2701 Durango Ave, McAllen, TX 78503
- chula vista cold storage — 2701 Durango Ave, McAllen, TX 78503
- Delina Chill — 2101 W Military Hwy Suite H-17, McAllen, TX 78503
FAQs
What type of property is this?
Warehouse - Vacant 18,700 SF warehouse on a 1.09-acre lot with four dock-high doors and two drive-in bays.
Where is this warehouse located?
The property is located at 6501 S 28th Street McAllen, TX.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Vacant 18,700 SF warehouse built in 1999 on a 1.09‑acre lot; Four dock‑high loading docks plus two drive‑in bays for loading and circulation; Ample concrete yard and truck maneuvering space
