Property summary
This exceptional McAllen, Texas property presents a compelling investment or business opportunity. Spanning 2.81 acres in Hidalgo County (zip code 78504), the site boasts two substantial metal warehouses built in 1992, totaling 19,800 square feet of warehouse space. Warehouse #1 offers 10,000 square feet, including offices, production space, and private bathrooms, with 15-foot ceilings, four dock doors, and three-phase electricity. Warehouse #2 comprises 9,800 square feet, a private bathroom, six dock doors, and a carport. Currently, all warehouse space (16,400 sq ft total) and a separate, recently renovated 4-bedroom, 4,094-square-foot home are leased, generating income. The home, built in 1975, features an inground pool with a covered screen, mature landscaping, and a private fenced yard on 1.37 acres. The property's location within the McAllen ETJ and county jurisdiction offers versatility for various business uses. The asking price is $1,750,000. This turnkey operation provides immediate income and significant potential for future growth. The property is situated at 10701 N Ware Road, McAllen, TX.
Property profile
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer Production Facility
Location
Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2022Property description
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