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    Fm 106 Harlingen, TX 78550

    Sponsored
    For Sale
    $1,037,500

    12,500 SF Warehouse, $83/SF

    Property size:
    12,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,500-square-foot Class A industrial warehouse, situated on a 1.3-acre lot in Harlingen, Texas, presents a compelling investment opportunity. Built in 2023, this single-story building boasts a 20-foot graduated ceiling height, six 12' x 14' grade-level doors, and approximately 2,520 square feet of office space within the 9,980 square foot warehouse. The warehouse dimensions are 80' x 156.25'. Conveniently located at the intersection of FM 509 and FM 106, this property offers easy access to the I-69 corridor, just five minutes away. The property is zoned for industrial use and is part of Harlingen Industrial Park - Phase III, providing excellent ingress/egress from FM 106 and FM 509. The asking price is $1,037,500, representing a 9.00% cap rate and a price per square foot of $83. The property is currently vacant and available for immediate occupancy. The seller, a general contractor, offers build-to-suit options to accommodate specific business needs. Note that water, sewer, trash, and mowing are additional costs. The property is offered as a Net NNN lease. The approximate lot dimensions are 186' x 268'. This is a freestanding warehouse with a concrete drive. Ownership is held by Valley Limited Partnership.

    Property Features for 0 Fm 106

    General Information

    Property type
    Distribution properties
    Square Feet
    12,500 SF
    Class
    A
    Lot Size
    56,628 SF

    Building Details

    Year Built
    2023
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Freestanding industrial warehouse building.
    • 20‑foot graduated ceiling height with concrete drive.
    • Six (6) grade‑level, 12' x 14' loading doors.
    • New construction.
    • Situated at the intersection of FM 509 and FM 106, five minutes from the I‑69 corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Harlingen
    County
    Cameron
    State
    Texas
    Longitude
    -97.627891729978
    Latitude
    26.190743823168

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    FAQs

    What type of property is this?
    Distribution property - 12,500 SF Warehouse, $83/SF
    Where is this distribution property located?
    The property is located at Fm 106 Harlingen, TX.
    What is the asking price?
    The asking price for this property is $1,037,500.
    What are key features of this property?
    This property features: Freestanding industrial warehouse building.; 20-foot graduated ceiling height with concrete drive.; Six (6) grade-level, 12' x 14' loading doors.
    Request Owner's contact information
    Fm 106 Harlingen, TX 78550
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Fm 106 Harlingen, TX 78550
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