Dry-Storage
New
For Sale
Contact for pricing
6612 S 28th Street, McAllen, TX 78503
Tilt-wall construction, fire protection, and dock-high loading support warehouse operations.
Property Size22,834 SF
Price / SF$0.76
Days on Market2
Property Features for 6612 S 28th Street
General Information
Standard status
Active
Size
22,834 SF
Property subtype
Commercial
Warehouse & Industrial
Clear Height
21 ft
Dock-High Doors
4
Additional Details
Property Use
Dry Storage
Building Details
Year Built
1995
Construction
tilt wall
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Oct 31
Changed: Nov 1
Last Checked: Nov 1 at 1:42AM
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 SANETI REALTY GROUP
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Investment Insights
Based on property information with market context.
Built in 1995, this 22,834-SF dry-storage warehouse features tilt-wall construction, fire protection, and four dock-high doors. Clear height is listed at 14'-21'.
The property is in South McAllen, less than 10 miles from the Pharr International Bridge, 7 miles from Interstate 2, and 5.2 miles from Anzalduas International Bridge.
The property is in South McAllen, less than 10 miles from the Pharr International Bridge, 7 miles from Interstate 2, and 5.2 miles from Anzalduas International Bridge.
Key Highlights
- 22,834 SF dry‑storage warehouse
- Tilt‑wall construction with 14'-21' clear height
- Four dock‑high doors and fire protection
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$168,392
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,367,840
$3.4M
Cap Rate 7%
$2,405,600
$2.4M
Cap Rate 9%
$1,871,022
$1.9M
Market Conditions
NOI Build-Up for 22,834 SF
Gross rent
$205.5K $9.00/SF
− Vacancy
−$7.4K −$0.32/SF
EGI
$198.1K $8.68/SF
− OpEx
−$29.7K −$1.30/SF
NOI
$168.4K $7.37/SF
Area
McAllen, TX
Vacancy
3.60%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,367,840
Cap Rate 7%
$2,405,600
Cap Rate 9%
$1,871,022
Alternative Uses
Best Use
Warehouse
$2.41M
$2.10M – $2.81M
NOI $168,392 @ 7.0% cap · market cap 970.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.20M
$5.43M – $7.23M
NOI $434,029 @ 7.0% cap · market cap 2,501.18%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
21 ft
Clear height
4
Dock-high doors
Location Intelligence
Trade Area within ½ mile
407
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78503, TX
23,604
Population
8,090
Households
2.9
Avg Household Size
35
Median Age
25%
College-Educated
71%
High-School Grad
19.2 sq mi
ZIP Area
1,229
Density / Sq Mi
$48,765
Median Household Income
$27,514
Median Earnings
$1,087
Median Rent
$130,100
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Delina Chill — 2101 W Military Hwy Suite H-17, McAllen, TX 78503
- Lineage — 6800 S Ware Rd, McAllen, TX 78503
- chula vista cold storage — 2701 Durango Ave, McAllen, TX 78503
- Papayas & More LLC — 2701 Durango Ave, McAllen, TX 78503
- i 2 Cold Storage — 2101 W Military Hwy STE I2, McAllen, TX 78503
Frequently Asked Questions
What type of property is this?
Warehouse - Tilt-wall construction, fire protection, and dock-high loading support warehouse operations.
Where is this warehouse located?
The property is located at 6612 S 28th Street McAllen, TX.
What are key features of this property?
This property features: 22,834 SF dry‑storage warehouse; Tilt‑wall construction with 14'-21' clear height; Four dock‑high doors and fire protection
