1015 Minnesota Ave Pharr, TX 78577
For Lease
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This exceptional 5,392-square-foot warehouse, located at 1015 W Minnesota Road in Pharr, Texas, presents a compelling investment opportunity for owner-users. Priced at $1,300,000 ($241.10/sq ft), this Class B industrial property boasts a desirable location within Hidalgo County, zip code 78577. The property features three buildings, each single-story, and benefits from F1 zoning. The warehouse itself offers ample space with a ceiling height of 18 feet and a significant number of dock-high doors – fourteen in total. This translates to efficient loading and unloading capabilities, making it suitable for a variety of industrial uses. The property was renovated two years ago. With its substantial square footage and numerous features, this warehouse is well-suited for businesses requiring significant storage and operational space. The property's ample parking further enhances its appeal. The property's APN is K2400-00-000-0089-03. This is a rare opportunity to acquire a well-maintained, functional warehouse in a prime location. The property's versatility makes it suitable for a range of businesses, including but not limited to, mechanic shops and trucking companies.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.