Technical
Financial
Distress signals
Property profile

10701 Ware Rd Mcallen, TX 78504

OFF-MARKET
Warehouses
Property ID
US82-5456051
19,800 SF 1.45 ac lot Built 1992
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1992
Total area 19,800 SF
Lot 1.45 ac (63,162 SF)
APN P8400-00-000-0135-15
UPID US82-5456051

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

10701 Ware Rd Mcallen, TX 78504-9596
Mcallen metro Census 24129 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
$781k
Blend (final) Blend
$575k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2020
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10701 Ware Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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