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Industrial

2551 N 10th St

2551 N 10th St, Hidalgo, TX 78557

Listing Price: $1,900,000

Lot Size
13.11 acres
Price/Acre
$144,928
Land Type
Land

Investment Overview

Marcus & Millichap is pleased to offer for sale, a shovel ready / permit ready, 178,800 square foot cold storage development opportunity in Hidalgo, Texas just North of the McAllen/Hidalgo port of entry. The region serves as the largest land port for fresh produce coming over from Mexico providing a great opportunity for an investor or user to capitalize on the efforts by Seller to get the site build ready. The Hidalgo County projected growth rate of 10.5 percent (2020 - 2025) is a direct reflection of the fact that Texas continues to lead the US in raw population growth. This growth coupled with the area's proximity to Mexico continues to propel trade as a major economic driver for the region, increasing the need for industrial development including cold storage facilities. The site has the added advantage of residing in an Opportunity Zone, offering Investors/Owners potential tax advantages not available for properties not in an Opportunity Zone. Consult your tax advisor for specific tax benefits available to you.

Investment Highlights

  • Shovel Ready Cold Storage Development - 178,800SF
  • The site is 2.5 miles from the McAllen/Hidalgo Entry Port
  • The region is the largest land port for fresh produce from Mexico
  • The site is 3 miles from US Hwy 281

Exclusively Listed By

Listing Price: $1,900,000

Lot Size
13.11 acres
Price/Acre
$144,928
Land Type
Land

Investment Highlights

  • Shovel Ready Cold Storage Development - 178,800SF
  • The site is 2.5 miles from the McAllen/Hidalgo Entry Port
  • The region is the largest land port for fresh produce from Mexico
  • The site is 3 miles from US Hwy 281

Investment Overview

Marcus & Millichap is pleased to offer for sale, a shovel ready / permit ready, 178,800 square foot cold storage development opportunity in Hidalgo, Texas just North of the McAllen/Hidalgo port of entry. The region serves as the largest land port for fresh produce coming over from Mexico providing a great opportunity for an investor or user to capitalize on the efforts by Seller to get the site build ready. The Hidalgo County projected growth rate of 10.5 percent (2020 - 2025) is a direct reflection of the fact that Texas continues to lead the US in raw population growth. This growth coupled with the area's proximity to Mexico continues to propel trade as a major economic driver for the region, increasing the need for industrial development including cold storage facilities. The site has the added advantage of residing in an Opportunity Zone, offering Investors/Owners potential tax advantages not available for properties not in an Opportunity Zone. Consult your tax advisor for specific tax benefits available to you.

Exclusively Listed By

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