Property profile

2684 Shafer Rd San Benito, TX 78586

OFF-MARKET
Specialty properties
Property ID
US82-0135827
Built 2006
Entity Owned 9-yr Hold
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Specialty properties
Year built 2006
UPID US82-0135827

Cap rate & NOI

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

Location

2684 Shafer Rd San Benito, TX 78586
San Benito metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2017
2 recorded transactions
2017
$300,000
2017
Price N/A

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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