Property profile

5101 Run Cir Harlingen, TX 78550

OFF-MARKET
Specialty properties
Built 2021
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Property summary

AI-generated overview

This exceptional Harlingen, Texas property offers a rare opportunity to lease two newly constructed, 5,000-square-foot warehouses situated on a 1.77-acre lot. Located in the desirable Harlingen Industrial Park - Phase II, this single-tenant property boasts convenient access via Bob Youker and FM 106. Each warehouse features approximately 4,456 square feet of warehouse space and approximately 544 square feet of office space, providing ample room for various business needs. The warehouses themselves offer desirable specifications including 14-foot ceiling heights and two 12' x 12' grade-level doors, ensuring efficient loading and unloading. The lot itself measures approximately 192' x 460', providing ample space for maneuvering and potential expansion. Built in 2021, these modern warehouses are ready for immediate occupancy. The property benefits from shared access on Lot 11 - Block 1, and utilities are included, with water, sewer, trash removal, and lawn maintenance provided. The seller, a general contractor, offers the unique advantage of build-to-suit options to tailor the space to specific business requirements. This presents a compelling opportunity for businesses seeking a well-located, modern, and adaptable industrial space in a thriving Texas market. The property is located in Cameron County, Texas, with a zip code of 78550.

Property profile

Verified
Property type Specialty properties
Year built 2021

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5101 Run Cir Harlingen, TX 78550
Harlingen metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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