Edinburg 34 acre state-of-the-art industrial site with water treatment plant

6590 Republic Drive Edinburg, TX 78541

Edinburg
FOR SALE
Property Type:
Factory
Amount:
$20,000,000
Last Verified:
May 24, 2024

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Highlights

  • The outgoing owners had an emphasis on innovation and social-responsibility and it is reflected in the thoughtful industrial design.
  • Currently, the company operates in a 33 acres’ area, within a 280,000 sq. ft. facility.
  • This facility mostly resembles Medical Office Building Facilities due to its intricate foundation system, plumbing, electrical and HVAC systems, not to mention its $5M state-of-the-art water treatment facility as well.
  • Its proximity to the international bridges to Mexico, the OEM clusters in McAllen and Brownsville, and the ports of Harlingen and Brownsville make it an idea location for any firm looking for an industrial site in South Texas.
  • It is an area with great access to qualified young technical workforce, with an extremely low cost of living (one of the lowest in the US).
  • Depending on the industry the local and state governments have a series of incentives that make this site a dream hub for any industrial complex that want to hit the ground running.
  • The value in the pricing structure cannot be matched by any industrial site comparable in the State and beyond.

Description

This site was called Denimburg because it housed the most advanced automated technology available in the textile industry today, making this facility the most modern North American textile mill. It is strategically located in the City of Edinburg (McAllen-Edinburg DMA), at the southern tip of Texas to serve both North American and Latin American markets.

Denimburg, as its name hints, the “City of Denim,” is now closed due to changes in its industry, which represents an amazing opportunity for site selectors.

Manufacturing has been a mainstay in the Rio Grande Valley Region since the 1980’s and post COVID and the global supply chain issues, the RGV region has seen explosive growth due to renewed emphasis on near-shoring and the fact that many US corporations have relocated their Chinese manufacturing efforts back to the North of Mexico.

Both UT RGV and South Texas College provide yearly a wealth of well trained vocational and graduate technicians and engineers to satisfy the growing skilled workforce needs of the region.

The McAllen OEM Automotive Cluster features 29 industrial parks, companies such as TI Automotive, Delphi Teck, and Panasonic, with a manufacturing labor force of 136,000, and a young and growing population with a median at of only 29 years. An hour away is the Brownsville OEM Automotive cluster of similar size and importance for Tier I and Tier II automotive production.

To support this industry with specialized labor, South Texas College offers the only FESTO certified training program in the U.S. which features PLC and automation systems, as well as Robotic Welding with state-of-the-art equipment donated by General Electric.


Year Built: 2011
Building Size: 238395sq ft
Lot Size: 33.61 acres

Map of 6590 Republic Drive, Edinburg, TX, 78541

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.