Property summary
This exceptional Harlingen, Texas industrial property, located at 1309 Industrial Way, offers 42,100 square feet of versatile space ideal for manufacturing, flex, warehouse, or distribution operations. Situated on a generous 8.92-acre lot, this Class B building boasts two stories, with 29,068 square feet on the first floor and an additional 8,932 square feet on the second. A separate 4,100-square-foot warehouse is also included on the site, providing ample storage capacity. The property features robust infrastructure, including 3-phase 120/480-volt power with a 2500 KVA distribution system, six loading docks (two dock high, four grade level), two drive-in doors, and 40 parking spaces. The building's impressive features also include a 45-foot ceiling height, a recently replaced 60-mil TPO roof (June 2023, 10-year warranty), and a 15-ton overhead crane. Office space comprises a reception area, three private offices, a break room, a locker room, an upstairs conference room, and a mezzanine with additional offices and storage. The property's zoning is Industrial, and its APN is 416294. Built in 1998 and renovated in 2003, this property presents a significant opportunity in the Rio Grande Valley submarket. Currently, 45,181 square feet is available for lease. Full construction plans are available upon request. The property is conveniently located near Grimes Road and benefits from a 500-foot frontage on Industrial Way. Taxes are $1.20 per square foot.
Property profile
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer Production Facility
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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