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1300 E Upas Ave
McAllen, TX 78501 Downtown McAllen

$2,210,000 USD

Service For Sale  •  15,000 SF

Property Details

  • Property Type Service
  • Total Building Size 26,000 SF
  • Lot Size 2.51 AC
  • Building Class B
  • Year Built 1995
  • Tenancy Single
  • Zoning I-1 Light Industrial
50 Walk Score

Highlights

Vacant Two-Building 26,000-Square-Foot Industrial Property Situated on 2.51 Acres of Land | Move-in Ready for Owner-Use or Lease-Up Opportunity
Featuring a Functional Layout with Potential Showroom/Retail/Office Space, 19,000 SF of Climate-Controlled Space Served by Ten HVAC Units
Recent 2024 Roof Improvements to Skylight and Seam Repairs | 24% FAR Provides Ample IOS
Strategically Located Less than Two Miles from I-69 and I-2 Interchange | 16 Miles North of Pharr-Reynosa International Bridge
Priced Well Below Replacement Costs at $85/SF | 9.2% Cap Rate on Conservative $7.80/SF Pro Forma Rent
Q2 4.0% Vacancy Rate and $9.90/SF Market Rent Among Comparable 10,000-50,000 SF Industrial Properties in the McAllen Market

Property Flyers

Public Transportation

AirportDriveWalkDistance
McAllen International 10 min - 4.8 mi
Valley International 59 min - 39.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Adam Abushagur 972-755-5223 Marcus & Millichap
Adam Abushagur 972-755-5223 Marcus & Millichap