Industrial
New
For Sale
$1,500,000
9102 Austin Drive, Pharr, TX 78577
The Pharr property is near the Pharr-Reynosa International Bridge and is surrounded by industrial warehouse properties.
Property Size13,160 SF
Price / SF$113.98
Days on Market2
Property Features for 9102 Austin Drive
General Information
Standard status
Active
Size
13,160 SF
Property subtype
Mixed Use
Additional Details
Warehouse Space
13,160 SF
Property Use
Warehouse
Listing Agency:
Coldwell Banker La Mansion
Listed By:
Anna Adame
(210) 982-7709
Source:
Cbcworldwide
Added: Oct 23
Last Checked: Oct 23 at 4:27PM
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 Coldwell Banker La Mansion
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Investment Insights
Based on property information with market context.
This 13,160-square-foot warehouse is in Pharr, Texas, among other industrial warehouse properties. Its setting provides close access to the Pharr-Reynosa International Bridge, a major U.S.-Mexico border crossing and the leading U.S. port for produce imports.
Future access to the 365 Tollway is also anticipated. The corridor is planned to connect a population of approximately 800,000 with five International Ports of Entry. Pharr ranks as the third-largest trade hub on the Texas-Mexico border.
Future access to the 365 Tollway is also anticipated. The corridor is planned to connect a population of approximately 800,000 with five International Ports of Entry. Pharr ranks as the third-largest trade hub on the Texas-Mexico border.
Key Highlights
- 13,160 SF warehouse in Pharr, Texas
- Near the Pharr‑Reynosa International Bridge
- Future access planned to the 365 Tollway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,090
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,681,800
$1.7M
Cap Rate 7%
$1,201,286
$1.2M
Cap Rate 9%
$934,333
$934.3K
Market Conditions
NOI Build-Up for 13,160 SF
Gross rent
$105.8K $8.04/SF
− Vacancy
−$6.9K −$0.52/SF
EGI
$98.9K $7.52/SF
− OpEx
−$14.8K −$1.13/SF
NOI
$84.1K $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 Rate 5%
$1,681,800
Cap Rate 7%
$1,201,286
Cap Rate 9%
$934,333
Alternative Uses
Best Use
Warehouse
$1.20M
$1.05M – $1.40M
NOI $84,090 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$9.91M
$8.67M – $11.56M
NOI $693,861 @ 7.0% cap · market cap 46.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
244
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78577, TX
79,937
Population
26,568
Households
3
Avg Household Size
30
Median Age
18%
College-Educated
70%
High-School Grad
26.0 sq mi
ZIP Area
3,075
Density / Sq Mi
$49,768
Median Household Income
$28,186
Median Earnings
$988
Median Rent
$111,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Big Fresh Cold Storage, LLC — 10800 S Sugar Rd, Pharr, TX 78577
- Eagle Cold Storage — 10701 S International Dr, Pharr, TX 78577
- Keystone Cold LLC — 9801 S Keystone Dr, Pharr, TX 78577
- Joe Arevalo & Associates — 9801 S Keystone Dr, Pharr, TX 78577
- SmartCold — 9901 S Keystone Dr, Pharr, TX 78577
Frequently Asked Questions
What type of property is this?
Warehouse - The Pharr property is near the Pharr-Reynosa International Bridge and is surrounded by industrial warehouse properties.
Where is this warehouse located?
The property is located at 9102 Austin Drive Pharr, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 13,160 SF warehouse in Pharr, Texas; Near the Pharr‑Reynosa International Bridge; Future access planned to the 365 Tollway
