Multi-Use Industrial
For Sale
$740,000
901 S Williams Rd, San Benito, TX 78586
Corner-lot facility with fenced yard, high-clearance warehouse access, and office plus residential units in one building.
Property Size6,125 SF
Lot Size0.95 Acres
Price / SF$120.82
Days on Market128
Property Features for 901 S Williams Rd
General Information
Standard status
Active
Size
6,125 SF
Lot size
0.95 Acres
Site & Location
Road Access
Yes
Fenced Yard
Yes
Units
Multifamily Units
2
Office Units
2
Additional Details
Drive-In Doors
2
Taxes and HOA fees
Annual Taxes
$3,834
Building Details
Stories
2
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Jacob David Garcia
(956) 226-9390
Source:
Exprealty
Added: Apr 29
Changed: Sep 3
Last Checked: Aug 14 at 7:28AM
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 eXp Realty LLC
Investment Insights
Based on property information with market context.
This two-story multi-use commercial property combines a ground-floor office suite, warehouse/garage space, and two residential units on the second floor. The office includes built-in cabinetry and shelving, recessed lighting, and a kitchenette, with two separate office spaces configured within the suite. The warehouse portion offers high-clearance open bay space with two roll-up doors and a covered drive-through bay, supporting both light distribution and service-oriented operations.
Located on a corner lot within San Benito’s industrial park, the property benefits from dual street frontage on S Williams Rd and Amistad. The site includes extensive paved yard space designed for equipment, fleet, or storage. The entire property is fully fenced and secured with electric gated access, and there is a camera system covering both interior and exterior areas.
For tenants, the building’s mix of office, warehouse access, and dedicated second-floor living space can support operators who need on-site administrative space and flexibility beyond traditional industrial use. For buyers, the layout offers a single parcel with multiple functional areas, including warehouse-style work space, an office component, and residential units housed above the commercial space.
Located on a corner lot within San Benito’s industrial park, the property benefits from dual street frontage on S Williams Rd and Amistad. The site includes extensive paved yard space designed for equipment, fleet, or storage. The entire property is fully fenced and secured with electric gated access, and there is a camera system covering both interior and exterior areas.
For tenants, the building’s mix of office, warehouse access, and dedicated second-floor living space can support operators who need on-site administrative space and flexibility beyond traditional industrial use. For buyers, the layout offers a single parcel with multiple functional areas, including warehouse-style work space, an office component, and residential units housed above the commercial space.
Key Highlights
- 2‑story multi‑use commercial building on a .95‑acre corner lot with dual street frontage on S Williams Rd and Amistad
- Warehouse/garage has high‑clearance open bay space with 2 roll‑up doors and a covered drive‑through bay
- Includes office space with built‑in cabinetry and shelving, recessed lighting, and a kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$52,394
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,047,880
$1.0M
Cap Rate 7%
$748,486
$748.5K
Cap Rate 9%
$582,156
$582.2K
Market Conditions
NOI Build-Up for 6,125 SF
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.
Gross rent
$81.6K $13.32/SF
− Vacancy
−$979 −$0.16/SF
EGI
$80.6K $13.16/SF
− OpEx
−$28.2K −$4.61/SF
NOI
$52.4K $8.55/SF
Area
Cameron County, TX
Vacancy
1.20%
Lease Rate
$13.32 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,047,880
Cap Rate 7%
$748,486
Cap Rate 9%
$582,156
Alternative Uses
Best Use
Flex RnD
$748.5K
$654.9K – $873.2K
NOI $52,394 @ 7.0% cap · market cap 7.08%
Second Best
Warehouse
$497.1K
$435.0K – $579.9K
NOI $34,796 @ 7.0% cap · market cap 4.70%
Theoretical Best
Healthcare Medical
$1.05M
$922.8K – $1.23M
NOI $73,823 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
2
Office units
2
Residential units
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
Balanced
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Corner-lot facility with fenced yard, high-clearance warehouse access, and office plus residential units in one building.
Where is this flex space located?
The property is located at 901 S Williams Rd San Benito, TX.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: 2‑story multi‑use commercial building on a .95‑acre corner lot with dual street frontage on S Williams Rd and Amistad; Warehouse/garage has high‑clearance open bay space with 2 roll‑up doors and a covered drive‑through bay; Includes office space with built‑in cabinetry and shelving, recessed lighting, and a kitchenette
