0 Fm 106, Harlingen, TX 78550
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.