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Property profile & analytics
OFF-MARKET Estimated value $680,000
Warehouses

10701 Ware Rd Mcallen, TX 78504-9596

19,800 SF 1.45 ac lot Built 1992
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US82-5456051
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Earthsome Labs Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
$781k
Blend (final) Blend
$680k
Owner & transaction history
Earthsome Labs Real Estate LLC · 3 yrs held
Earthsome Labs Real Estate LLC
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
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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