2684 Shafer Rd, San Benito, TX 78586
This exceptional 2006-built special purpose property in Cameron County presents a unique investment opportunity. Strategically located directly on a Union Pacific rail line with a dedicated private rail spur, this property offers unparalleled logistical advantages. The main warehouse boasts approximately 10,000 square feet of clear-span space, ideal for various industrial uses. Access is provided by one large drive-in door, facilitating efficient loading and unloading. The annual lease rate for the warehouse is $6.60 per square foot, plus NNN charges. Complementing the warehouse are three open-sided sheds, each measuring 12,000 square feet, offering ample additional storage or operational space. These sheds are available at a lease rate of $4.50 per square foot per year, plus NNN charges. Further enhancing the property's functionality is a substantial fenced-in outdoor storage area situated on a concrete slab, leased at $3.00 per square foot annually, plus NNN charges. All leases require a minimum one-year commitment. This property is a single-tenant building, offering a streamlined management experience. The property's combination of warehouse space, expansive sheds, and direct rail access makes it an attractive proposition for businesses requiring efficient logistics and substantial storage capacity. Inquire today to learn more about this exceptional opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.