Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5810 Harrison Ave Harlingen, TX 78550-2160
    Back to Search
    Property profile & analytics

    5810 Harrison Ave Harlingen, TX 78550-2160

    View on Map
    • Industrial properties
    • 663,572 SF
    • 60.74 lot acres
    Off-Market
    Property ID
    US82-2724754
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $25,035,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • CARDONE Industries / Industrial Manufacturer / Production Facility

    Property Details for 5810 Harrison Ave

    Year built
    2012
    Lot size
    60.74 lot acres
    Property size
    663,572 SF
    Zone code
    I
    Property type
    Industrial properties
    APN
    97-0300-0010-0010-00
    APU
    9703000010001000

    Description

    This exceptional special-purpose property at 5810 Harrison Avenue in Cameron County offers a unique sublease opportunity within a thriving automotive parts manufacturing facility. The building, constructed in 2006, features a single tenant occupancy and boasts approximately 325,000 square feet of space currently available for sublease. Two distinct sublease options exist, each providing independent access and dock-high doors, as detailed in the attached floor plan. Option one encompasses 141,000 square feet, while option two offers 179,006 square feet. The property features a ceiling height of approximately 22 feet. Net, Net, Net (NNN) expenses, including electricity, water, insurance, and property taxes, are included in the sublease terms. The master lease agreement has an expiration date of October 31, 2026, with two six-month renewal options extending the lease to October 31, 2027. Signage opportunities are available, and video tours of each sublease option are accessible online. This prime location presents a rare chance to secure substantial industrial space in a well-established facility. Contact us today to learn more about this exceptional sublease opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $26,147,000
      Market price range: $17.3M - $59.8M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $36,510,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Harlingen
    County
    Cameron
    State
    Texas
    Longitude
    -97.6346
    Latitude
    26.1881
    CBSA code
    15180
    CBSA name
    BROWNSVILLE-HARLINGEN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $354,921
    $911,085
    $23,031,285
    $23,942,370
    -
    $911,085
    $23,031,285
    $23,942,370

    Comparable in this City

    • Value Estimation by Request
      2,500 SF

      6201 Harlingen Texas 78550

      Flex space • 2,500 SF
      6201 Harlingen Texas 78550, Harlingen, TX 78550
      View Details
    • Value Estimation by Request
      10,000 SF

      6201 Fm 106

      Distribution properties • 10,000 SF
      6201 Fm 106, Harlingen, TX 78550
      View Details
    • Value Estimation by Request
      4,784 SF

      6201 Fm 106

      Distribution properties • 4,784 SF
      6201 Fm 106, Harlingen, TX 78550
      View Details
    • Value Estimation by Request
      3.00 Acres

      24584 Prt Rd

      INDUSTRIAL (GENERAL) • 3.00 Acres
      24584 Prt Rd, Harlingen, TX 78550-0125
      View Details
    • Value Estimation by Request
      9.88 Acres

      Harlingen, TX 78550

      INDUSTRIAL (GENERAL) • 9.88 Acres
      Harlingen, TX 78550
      View Details
    • Value Estimation by Request
      6,560 SF

      Industrial Crossway

      INDUSTRIAL (GENERAL) • 6,560 SF
      Industrial Crossway, Harlingen, TX 78550
      View Details

    Similar Nearby for Sale

    • $207,500
      2,500 SF

      Industrial Warehouses with Office Space

      Four 2,500 SF warehouses with office space for sale.
      6201 Harlingen Texas 78550, Harlingen, TX 78550
      View Details
    • $1,400,000
      4.56 Acres

      Harlingen Commercial Site on Expressway

      4.53-acre commercial site with high visibility and access.
      2926 Us Highway 77, Harlingen, TX 78550
      View Details
    • $2,350,000
      45,110 SF

      Versatile Industrial Warehouse Opportunity

      Convertible warehouse suitable for various business ventures.
      514 N L St, Harlingen, TX 78550
      View Details
    • $399,000
      4,784 SF

      Industrial Warehouses with Office Space

      4,784 SF warehouses with office space for sale.
      6201 Fm 106, Harlingen, TX 78550
      View Details
    • New
      $390,000
      2,368 SF

      Harlingen Commercial Space For Sale

      Prime commercial space in Harlingen, move-in ready for various businesses.
      3202 E Grimes Rd, Harlingen, TX 78550
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      29,033 SF

      Harlingen Shop Warehouse Automotive Space

      Move-in ready shop/warehouse with automotive potential in Harlingen, TX.
      1501 N 77 Sunshine Strip, Harlingen, TX 78550
      View Details
    • $11 SF/Yr
      2,800 SF

      Harlingen Flex Space: Prime Location

      Versatile Commercial Space, Ample Parking
      211 Jefferson Ave, Harlingen, TX 78550
      View Details
    • Contact for pricing

      Harlingen Industrial Warehouse Space Available

      Industrial warehouse space for lease in Harlingen's Industrial Park.
      1805 Loop 499 N, Harlingen, TX 78550
      View Details
    • Contact for pricing
      1,375 SF

      Harlingen Warehouse Spaces for Lease

      Three warehouse spaces available for lease in Harlingen, Texas.
      1501 N 28Th St, Harlingen, TX 78550
      View Details
    • Contact for pricing
      61,864 SF

      Harlingen Warehouse and Storage Units

      Affordable warehouse and storage units centrally located in Harlingen, TX.
      1920-2020 Loop 499 N, Harlingen, TX 78550
      View Details
    • Contact for pricing
      3,600 SF

      Harlingen Warehouse and Flex Space

      Industrial park with warehouse and flex space for lease.
      405 North T St, Harlingen, TX 78550
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5810 Harrison Ave
    Harlingen, TX 78550-2160
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5810 Harrison Ave, Harlingen, TX, 78550
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!