Hormel 1930 Hormel Dr
32,000 SF Industrial Building San Antonio, TX 78219 For Sale



INVESTMENT HIGHLIGHTS
- 4 new hydraulic loading docks (9 total docks)
- State-of-the-art sprinkler system
- Negative pressure enclosure (air canopy filtration system) and plumbing systems servicing the machinery in place, providing valuable infrastructure
- Leveled flooring
- 800 AMP electrical system to support high-demand operations
- Well maintained roof with existing manufacture warranty
EXECUTIVE SUMMARY
Prime 5-Acre Lot with expansion potential, the lot includes
undeveloped land that provides an opportunity for further
construction or development, allowing for growth in
operations or the addition of new facilities. It has the utility
capacity and water quality to accommodate expansion.
Northeast San Antonio is a key center of gravity that has
attracted the likes of Tesla, with its 400,000 SF lease,
and UPS, which leased over 100,000 SF last year. Other
major industrial absorption events from last year included
MEI Rigging & Crafting moving into 190,000 SF in
Schertz and Chick-fil-A occupying another 190,000 SF
at 17654 Ben E. Keith Way. Sprawling across Interstate
35, the Northeast Submarket connects to a larger, inter-regional transportation and logistics route that runs from
Laredo, Texas, to Duluth, Minnesota. I-35 also connects
San Antonio to national distribution markets such as
Dallas-Fort Worth and Kansas City.
This submarket also contains the location where
interstates 10, 410, and 35 all meet: one of the main
contributing factors for Amazon reportedly selecting the
east side of San Antonio for its 4 million-SF distribution
center last year. "Project Star", as it is locally known,
delivered a couple of years ago to much anticipation.
This event alone secured last year's spot as the greatest
year for industrial deliveries in the history of the
Northeast Submarket. Construction has slowed
significantly since then, however, though it is still growing
at a decent pace by historical standards. As of the
middle of March of this year, 1.7 million SF was under
construction in Northeast San Antonio, which was the
equivalent of 3.6% of existing inventory in this large
industrial submarket at the time
undeveloped land that provides an opportunity for further
construction or development, allowing for growth in
operations or the addition of new facilities. It has the utility
capacity and water quality to accommodate expansion.
Northeast San Antonio is a key center of gravity that has
attracted the likes of Tesla, with its 400,000 SF lease,
and UPS, which leased over 100,000 SF last year. Other
major industrial absorption events from last year included
MEI Rigging & Crafting moving into 190,000 SF in
Schertz and Chick-fil-A occupying another 190,000 SF
at 17654 Ben E. Keith Way. Sprawling across Interstate
35, the Northeast Submarket connects to a larger, inter-regional transportation and logistics route that runs from
Laredo, Texas, to Duluth, Minnesota. I-35 also connects
San Antonio to national distribution markets such as
Dallas-Fort Worth and Kansas City.
This submarket also contains the location where
interstates 10, 410, and 35 all meet: one of the main
contributing factors for Amazon reportedly selecting the
east side of San Antonio for its 4 million-SF distribution
center last year. "Project Star", as it is locally known,
delivered a couple of years ago to much anticipation.
This event alone secured last year's spot as the greatest
year for industrial deliveries in the history of the
Northeast Submarket. Construction has slowed
significantly since then, however, though it is still growing
at a decent pace by historical standards. As of the
middle of March of this year, 1.7 million SF was under
construction in Northeast San Antonio, which was the
equivalent of 3.6% of existing inventory in this large
industrial submarket at the time
PROPERTY FACTS
AMENITIES
- Fenced Lot
UTILITIES
- Lighting
- Gas
- Water
- Sewer
1 of 1
PROPERTY TAXES
Parcel Number | 13903-000-0014 | Improvements Assessment | $2,831,290 |
Land Assessment | $974,500 | Total Assessment | $3,805,790 |
ZONING
Zoning Code | I-2 (Heavy Industrial) |