1742 Reveille Rd Harlingen, TX 78552
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15,000 SF Warehouse, $1.3M, 9% Cap Rate
Property size:
15,000 SFProperty Features for 1742 Reveille Rd
General Information
- Property type
- Distribution properties
- Square Feet
- 15,000 SF
- Class
- A
- Lot Size
- 104,980 SF
Building Details
- Year Built
- 2024
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing Agency: CHRE Cindy Hopkins Real Estate Listing Agent: Cynthia Hopkins
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional Class A industrial warehouse, situated on a 2.41-acre lot in Harlingen, Texas, presents a compelling owner-user or investment opportunity. Completed in 2024, the 15,000-square-foot building boasts a single story, 25-foot graduated ceiling height, and six dock-high doors. The property features ample parking (15 spaces per 1,000 sq ft) and is conveniently located a quarter-mile from Interstate 69E, providing easy access to major transportation routes. Currently vacant, this NNN-leased property offers a pro-forma NOI of $116,550 and a pro-forma cap rate of 9.00%, representing a strong return on investment. The asking price is $1,295,000 ($84/sq ft), with a land value of $2.10 per square foot. The warehouse dimensions are approximately 120' x 125', and the property is zoned for industrial use. The building includes approximately 1,200 square feet of office space and two sets of restrooms, with an additional warehouse restroom. Future rent bumps are included in the lease terms. This property is part of the Reveille Industrial Park, a development featuring twelve industrial lots. The seller is a general contractor and can accommodate build-to-suit options to meet specific business needs. An adjacent 1.69-acre lot is also available for purchase, providing potential for expansion. The property's address is 1742 Reveille Rd, Harlingen, TX 78552. The APN reflects new construction.
Property Profile
Location Intelligence
Current Use by Public Records
Distribution centers
Map
- City
- Harlingen
- County
- CAMERON
- State
- Texas
- Longitude
- -97.7634019
- Latitude
- 26.1862754
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FAQs
What type of property is this?
Distribution property - 15,000 SF Warehouse, $1.3M, 9% Cap Rate
Where is this distribution property located?
The property is located at 1742 Reveille Rd Harlingen, TX.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: $1,295,000 asking price for this 15,000 SF Class A industrial warehouse.; Located in Harlingen, TX, at 1742 Reveille Rd, on a 2.41-acre lot.; New construction (2024), offering 25' graduated ceiling height and six dock-high doors.
