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16137 Fm 624 Robstown, TX 78380

Flex space Google Maps
21,100 SF 4.96 ac lot Built 1970
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$675k
Range $608k – $743k (±10%)
Property ID US82-2783363

Property summary

AI-generated overview

This exceptional industrial property, located at 16137 FM 624 in Nueces County, offers a total of 18,100 square feet of warehouse space, perfect for a single tenant. The main building boasts approximately 1,200 square feet of office space, a spacious 12,000 square foot shop area equipped with six overhead doors and one sliding door, and a convenient 2,900 square foot canopy. A secondary building provides an additional 2,000 square feet of shop space with two overhead doors. The property sits on approximately 4.96 acres of land, offering ample space for operations and storage. Security features include a gated and partially fenced perimeter, and a partially stabilized yard. The property benefits from heavy 3-phase power and excellent highway access via FM 624 frontage. This location is outside city limits, eliminating zoning restrictions. The property is currently vacant and ready for immediate occupancy. Inquire for pricing and lease terms. APN: 200052721.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1970
Total area 21,100 SF
Lot 4.96 ac (216,145 SF)
Zoning code OCL
APN 9136-0004-0507
UPID US82-2783363

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$675k
CAP Approach CAP
by Request
Comparable Approach Comparable
$861k
Blend (final) Blend
$675k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2019
Price N/A

Zoning & alternative use

OCL · Robstown, TX

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
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More about this property
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