1742 Reveille Rd Harlingen, TX 78552
- Warehouses
- 15,000 SF
- 2.41 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1742 Reveille Rd
- Year built
- 2024
- Lot size
- 2.41 lot acres
- Property size
- 15,000 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Harlingen
- County
- CAMERON
- State
- Texas
- Longitude
- -97.7634
- Latitude
- 26.1863
