Warehouse with Office
For Sale
Contact for pricing
Pending
901 State Highway 495, Alamo, TX 78516
Modern warehouse facility with dedicated offices, loading access, employee amenities, storage, and on-site parking.
Property Size6,000 SF
Days on Market664
Property Features for 901 State Highway 495
General Information
Standard status
Pending
Size
6,000 SF
Total Parking Spaces
20
Property subtype
Land
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Build-Out
1,500 SF
Amenities
kitchen area
Building Details
Year Built
2024
Listing Agency:
Imperio Real Estate LLC
(956) 562-4736
Listed By:
Karina Martinez
Source:
Crexi
Added: Nov 4, 2024
Changed: Aug 29
Last Checked: Aug 29 at 4:46PM
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 Imperio Real Estate LLC
Investment Insights
Based on property information with market context.
Built in 2024, this 6,000-square-foot warehouse includes 1,500 square feet of office space with a kitchen area. The facility also provides three restrooms, one shower, a dedicated storage area, and 11 commercial garage doors for loading and unloading activity.
The property is positioned at the intersection of Alamo Road and Highway 495. A newly paved entrance is planned, with parking accommodating up to 20 spaces for staff and visitors.
The property is positioned at the intersection of Alamo Road and Highway 495. A newly paved entrance is planned, with parking accommodating up to 20 spaces for staff and visitors.
Key Highlights
- 6,000 square feet of total building area
- 1,500 square feet of office space with kitchen area
- 11 commercial garage doors for loading and unloading
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
$38,339
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
5.48%
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%
$766,780
$766.8K
Cap Rate 7%
$547,700
$547.7K
Cap Rate 9%
$425,989
$426.0K
Market Conditions
NOI Build-Up for 6,000 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
$48.2K $8.04/SF
− Vacancy
−$3.1K −$0.52/SF
EGI
$45.1K $7.52/SF
− OpEx
−$6.8K −$1.13/SF
NOI
$38.3K $6.39/SF
Area
Hidalgo County, TX
Vacancy
6.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
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%
$766,780
Cap Rate 7%
$547,700
Cap Rate 9%
$425,989
Alternative Uses
Best Use
Warehouse
$547.7K
$479.2K – $639.0K
NOI $38,339 @ 7.0% cap · market cap 5.48%
Second Best
Industrial
$451.0K
$394.7K – $526.2K
NOI $31,573 @ 7.0% cap · market cap 4.52%
Theoretical Best
Hotel Hospitality
$4.52M
$3.95M – $5.27M
NOI $316,350 @ 7.0% cap · market cap 45.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78516, TX
34,506
Population
12,469
Households
2.8
Avg Household Size
32
Median Age
12%
College-Educated
59%
High-School Grad
37.8 sq mi
ZIP Area
913
Density / Sq Mi
$51,547
Median Household Income
$26,908
Median Earnings
$743
Median Rent
$102,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- El Descuento Warehouse — Alamo, TX 78516
- Safe Box Self-Storage — 1250 State Hwy 495, Alamo, TX 78516
Frequently Asked Questions
What type of property is this?
Warehouse - Modern warehouse facility with dedicated offices, loading access, employee amenities, storage, and on-site parking.
Where is this warehouse located?
The property is located at 901 State Highway 495 Alamo, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 6,000 square feet of total building area; 1,500 square feet of office space with kitchen area; 11 commercial garage doors for loading and unloading
