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Property profile & analytics
OFF-MARKET Estimated value $1,590,000
Warehouses

1328 Hackberry Ave Mcallen, TX 78501-5753

46,875 SF 2.69 ac lot Built 1982
Entity Owned 13-yr Hold Free & Clear
Property ID
US82-1204870
Property summary
AI-generated overview

This exceptional Class A industrial warehouse, located at 1328 E Hackberry Ave in McAllen, Texas, 78501, offers a versatile 6,194 square foot space ideal for various business needs. The unit comprises approximately 3,822 square feet of warehouse space, complemented by 962 square feet of office area and a 1,410 square foot air-conditioned showroom. The property boasts a 16-foot clear height, durable concrete tilt walls, and ample parking with 5 designated car spaces. Access is facilitated by one dock-high door (currently under construction) and one grade-level door, ensuring efficient loading and unloading. The warehouse is strategically situated within the Hackberry Industrial area, providing convenient access to major transportation arteries. Its proximity to Interstate 2 and Interstate 69 offers seamless connectivity throughout the region. The total building size is 45,069 square feet, and this listing represents one available space within a multi-tenant building. This property presents a unique opportunity to establish or expand your business in a prime McAllen location. The address is easily accessible and benefits from excellent visibility.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1982
Total area 46,875 SF
Lot 2.69 ac (116,959 SF)
Zoning code CO
APN H0460-00-000-0003-00
UPID US82-1204870
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
  • ARI General Contractor
  • Standard Supply McAllen Branch Big Box & Wholesale Store
  • Grocery South Texas LP Grocery & Convenience Store Food Market
  • Secobasa Mexican Groceries LLC Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.97M
Blend (final) Blend
$1.59M
Owner & transaction history
Pxp Texas LLC · 13 yrs held
Pxp Texas LLC
since 2012
6 recorded transactions
2012
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CO · Mcallen, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $2.6M +24.0%
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