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    OFF-MARKET
    Warehouses

    0 Fm 106, Harlingen, TX 78550

    12,500 SF 1.3 ac lot Built 2023
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Warehouses
    Year built 2023
    Total area 12,500 SF
    Lot 1.3 ac (56,628 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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