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Pharr, TX

Pharr Produce Distribution Warehouse

Address:
9005 Travis Drive, Pharr, TX 78577
Property Type:
Single Tenant
Price:
$4,200,000
Cap Rate:
9.31% pro forma cap
Square Feet:
26,110 sqft
Lot Size:
3.09 Acres
Price Per Square Foot:
$160.86
Year Built:
1999/2015 | Renovated 2024
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Investment Highlights

Investment Highlights

Investment Highlights

  • Vacant 26,110-Square-Foot Cold Storage Facility Situated on 3.09 Acres
  • Featuring Two-Story Office Space, 18′-27′ Clear Height, 13 Dock-High Doors, & 10 Customizable Cold Rooms
  • Valley Cold Storage Market: 2.3% Vacancy in Q1 2026 vs. 7.9% National Average
  • Located within Overweight Corridor In Close Proximity to Two Key International Ports: McAllen-Hidalgo Intl. Bridge & Pharr-Reynosa Intl. Bridge
  • Pharr-Reynosa – Ranked #1 U.S. Port for Produce Imports Coming From Mexico For Eight Consecutive Years
  • ~ 711 Pallet Positions in Cold Rooms 1-6; With Option to Increase Capacity by +10% In Cold Room 7 & 8

Investment Overview

9005 Travis Dr is a vacant 26,110-square-foot cold storage facility situated on 3.09 acres of land. This facility is ideal for produce distributors and cold storage companies that need functional cooler space. The property features a two-story office space, providing ample room for administrative tasks and operations management. With 18 to 27 foot clear heights, 13 dock doors, 3 grade-level doors with concrete ramps, 10 customizable cold rooms, and 10 cooling units, the facility is a turnkey solution for businesses in search of cold storage space in the Rio Grande Valley. Cold rooms two, three, four, and eight are considered chillers, with temperatures holding as low as 27°F, and an ideal temperature of 33°F. Cold rooms one, five, six, and seven are considered coolers, with temperatures holding as low as 38°F and an ideal temperature of 45°F. Rooms one through six include drainage systems.

The Valley cold storage market is experiencing a period of low vacancy, with a rate of 2.3 percent in the first quarter of 2026, significantly lower than the national average of 7.9 percent. This indicates a high demand for cold storage facilities in the area, making the property a prime opportunity for investors or businesses looking to establish a presence in the market. The proximity to key international ports, including the McAllen-Hidalgo International Bridge and the Pharr-Reynosa International Bridge, further enhances its value. These ports service the greater Rio Grande Valley market, with the Pharr-Reynosa International Bridge being ranked as the number one US port for produce imports from Mexico for eight consecutive years. The property’s location within an overweight corridor also allows for the transportation of up to 50 percent more goods per truck crossing from Mexico to the US and vice-versa, making it an ideal location for businesses that require the movement of large quantities of products. The combination of the property’s features and its location make it a highly desirable asset as demand for cold storage facilities in the area is expected to continue to grow.

The location near the Pharr-Reynosa International Bridge is particularly significant, given the bridge’s importance in the importation of produce from Mexico. The property’s proximity to this major transportation hub provides businesses with a competitive advantage, enabling them to quickly and efficiently transport goods to and from Mexico. The low vacancy rate in the Valley cold storage market further emphasizes the property’s value and significant potential for investment or business growth. The property is well-positioned to meet the growing demand for cold storage facilities in the Valley.

BROKER OF RECORD
TIM SPECK
Texas Broker of Record
5001 Spring Valley Road, Suite 1100W
Dallas TX
Tel: (972) 755-5200
Tim.Speck@MarcusMillichap.com
License: 9002994
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2026 Marcus & Millichap. All rights reserved. (Activity ID: ZAH0490046)