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Property profile & analytics
FOR SALE
Warehouses

600 Independence Dr Edinburg, TX 78541

24,000 SF 8.41 ac lot Built 2003
Individually Owned 5-yr Hold ~ Est. High Equity
Property ID
US82-7944011
Property summary
AI-generated overview

This exceptional industrial property, located at 600 Independence Drive in Edinburg, Texas, presents a significant investment opportunity. The 24,115-square-foot warehouse sits on a substantial 8.41-acre lot, offering ample space for expansion and future development. Its strategic location next to a FedEx facility provides excellent logistical advantages. The existing warehouse boasts two truck-level loading docks and one ramped loading dock, ensuring efficient handling of goods. The entire warehouse space is climate-controlled, providing a comfortable and productive work environment. Beyond the warehouse itself, the property includes a well-appointed front office area. This area features a welcoming entrance lobby and waiting area, complemented by five private offices and two employee lounge areas. The expansive acreage and existing infrastructure make this property ideal for businesses seeking to establish a significant presence in the Edinburg market or for those looking to expand their existing operations. The property's size and location offer considerable potential for future growth and development, making it a highly attractive investment opportunity. The asking price is $2,500,000. This is a rare opportunity to acquire a substantial industrial property with significant expansion potential in a prime location.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2003
Total area 24,000 SF
Lot 8.41 ac (366,300 SF)
APN N5140-00-000-0008-00
UPID US82-7944011
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.73M
Comparable Approach Comparable
$2.50M
Blend (final) Blend
$2.61M
Owner & transaction history
Campos Bros Produce Lc · 5 yrs held
Campos Bros Produce Lc
since 2021
2 recorded transactions
2022
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $3.6M +96.3%
Office building $3.6M +94.2%
Restaurant $3.0M +66.2%
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More about this property
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