Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    00 Ice House Blvd Linn, TX 78541

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    00 Ice House Blvd Linn, TX 78541

    View on Map
    • Land
    • 0.94 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 00 Ice House Blvd

    Lot size
    0.94 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 0.94-acre lot, situated within the burgeoning Ice House Industrial Park in Edinburg, Texas, presents a unique opportunity for businesses seeking a prime location for development. Zoned for light industrial use, this property offers unparalleled access to major transportation arteries. Specifically located on the west side of Interstate 69C on Monte Cristo Road, the site provides convenient north-south connectivity, streamlining logistics and distribution. The Ice House Industrial Park itself is a revitalized development, offering build-to-suit options to cater to individual business needs. This allows for customized spaces designed to perfectly match specific operational requirements. The asking price for this 100% ownership opportunity is $411,600.10. The property's address is 00 Ice House Blvd, Edinburg, TX 78541, within Hidalgo County. This is an ideal location for businesses seeking efficient access to major roadways and the flexibility to create a bespoke industrial space. Don't miss this chance to secure a strategic foothold in a thriving industrial area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Linn
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1632
    Latitude
    26.3382

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      Ice House Blvd

      Land • 1.00 Acre
      0 Ice House Blvd, Linn, TX 78541
      View Details
    • Value Estimation by Request

      32906 Fm 681

      Distribution properties
      32906 Fm 681, Edinburg, TX 78541
      View Details
    • Value Estimation by Request
      10.30 Acres

      9 1/2 W Trosper Rd

      Distribution properties • 10.30 Acres
      9 1/2 W Trosper Rd, Linn, TX 78541
      View Details
    • Value Estimation by Request
      0.72 Acres

      00000 Ice House Blvd

      Land • 0.72 Acres
      00000 Ice House Blvd, Linn, TX 78541
      View Details
    • Value Estimation by Request
      1.20 Acres

      9001 Expressway 281

      Distribution properties • 1,228 SF
      9001 Expressway 281, Edinburg, TX 78541
      View Details
    • Value Estimation by Request
      12.45 Acres

      000 10Th St

      Manufacturing properties • 542,322 SF
      000 10Th St, McAllen, TX 78541
      View Details

    Similar Nearby for Sale

    • $1,300,000
      35.67 Acres

      Moorefield Road Development Land

      Prime Texas acreage, ideal for various uses.
      00 Moorefield Rd, Linn, TX 78541
      View Details
    • $640,000
      1,695,355 SF

      38.92 Acres on FM 681

      Expansive land tract ideal for development or investment.
      681 Fm 681, Edinburg, TX 78541
      View Details
    • $900,000
      196,020 SF

      Development Land Opportunity

      5 acres suitable for apartment or townhome development.
      3106 West Chapin St, Edinburg, TX 78541
      View Details
    • $850,000
      10.00 Acres

      Spacious Land in Edinburg, TX

      10 acres of land with potential for various uses.
      N Western Rd, Edinburg, TX 78541
      View Details

    Similar Nearby for Lease

    • $25,000
      24,692 SF

      Edinburg Industrial Warehouse Opportunity

      25,000 SF warehouse with dock-high loading bays and office space.
      835 W Chapin St, Edinburg, TX 78541
      View Details
    • Contact for pricing

      Edinburg Industrial Single Tenant Space

      99,550 SqFt industrial space available for single tenant use.
      1010 E Chapin St, Edinburg, TX 78541
      View Details
    • $3,000 /Mo
      7,760 SF

      Spacious Warehouse with Residential House

      Warehouse and house on 3.17 acres near McAllen.
      32906 West Fm 681, Edinburg, TX 78541
      View Details
    • Contact for pricing

      Edinburg Storage Yard Land

      Fenced storage yard land available for lease in Edinburg, TX.
      1714 N Closner Blvd, Edinburg, TX 78541
      View Details
    • $24 SF/Yr
      1,725 SF

      Retail Space Available For Rent

      Retail space available for lease in Edinburg, Texas.
      1816 S Mccoll Rd, Edinburg, TX 78541
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    00 Ice House Blvd
    Linn, TX 78541
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!