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601 Main Ave Robstown, TX 78380-3130

OFF-MARKET Flex space Google Maps
20,750 SF 1.34 ac lot Built 1940
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$700k
Range $630k – $770k (±10%)
Property ID US82-1634003

Property summary

AI-generated overview

This exceptional industrial property, located at 601 E Main Ave, Robstown, TX 78380, presents a compelling investment opportunity. The 22,500 square foot manufacturing facility sits on a sizable 1.34-acre lot, encompassing nearly an entire city block in a prime location. Its strategic position on Main Street offers easy access to major transportation arteries, including the intersection of Highway 77 and Highway 44 in South Texas. The building itself boasts two one-ton overhead cranes, each with approximately 16 feet of lift height and a 25-foot span, providing significant operational advantages. The property's layout allows for the potential addition of further cranes, enhancing its versatility and capacity. Currently vacant, this property is priced competitively at $499,000, with seller financing potentially available to qualified buyers. This presents a rare chance to acquire a substantial industrial space in a well-connected South Texas location, ideal for a variety of manufacturing operations. The property's size and features make it suitable for a range of businesses seeking a robust and adaptable workspace. The asking price per square foot is $22.18. Don't miss this opportunity to secure a significant industrial asset in a growing market.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1940
Total area 20,750 SF
Lot 1.34 ac (58,501 SF)
APN 7435-0036-0110
UPID US82-1634003

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
$700k
CAP Approach CAP
by Request
Comparable Approach Comparable
$847k
Blend (final) Blend
$700k

Owner & transaction history

since 2020
4 recorded transactions
2020
Price N/A
2010
Price N/A
2010
Price N/A
1969
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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