Marcus & Millichap is pleased to present the opportunity to acquire the property located at 2700 West Canton Road in Edinburg, Texas. The subject property consists of approximately 18,180 square feet of vacant cold storage space and is situated on 2.15 acres of land. The vacant asset features two suites, a clear height between 12’ and 14’, 11 dock-high doors, one drive-in door, and 10 HVAC units (including two office units). Delivered in 1985 and retrofitted in 2016, the property contains 14,880 square feet of insulated cold storage space with eight three-fan cooling units. In 2023, improvements were made to the concrete driveway that wraps around the building. With a telecommunications tower on site, buyers have the opportunity to generate additional income. Located in close proximity to Highway 281 (Interstate 69C), the property is primely situated in the Lower Rio Grande Valley north of the 90-acre Pharr Produce District and McAllen Produce Terminal Market. According to a report from Texas A&M University, 55 percent of all produce imports from Mexico passed through Texas in 2022. With the help of the Pharr International Bridge, the Lower Rio Grande Valley played a pivotal role in this trade. Based on the report, truckload imports of fresh produce from Mexico to the U.S. are expected to increase 29.2 percent by 2030. An increase in shipping activity will likely have a significant economic impact on the Lower Rio Grande Valley, including the cold storage facilities used to distribute fresh produce. The subject property is positioned within the relatively small Edinburg industrial submarket, containing 3.3 million square feet. In 2024, the vacancy rate remained low at 3.1 percent , more than half below the national average. With no industrial space under construction at the start of 2025, vacancies and rent growth will largely be dictated by demand for the foreseeable future (CoStar). McAllen-Harlingen-Brownsville Metroplex is composed of two metropolitan statistical areas, McAllen-Edinburg-Mission metro and Brownsville-Harlingen metro. Positioned along the Texas-Mexico border and Gulf Coast, the metroplex is home to a combined 1.3 million residents. The area’s strategic location fosters a thriving trade sector, making logistics important drivers of the local economy. The region maintains the largest land port for fresh produce imports from Mexico, with 160,000 loads of produce transported in a typical year. Manufacturing firms, including Keppel AmFELS and ESCO Marine, contribute to the area’s diverse economy. The region also boasts a growing aerospace industry, supported by SpaceX’s Boca Chica launch site. The Port of Brownsville serves as a vital deep-water seaport and Foreign Trade Zone, employing over 8,500 individuals. Education and healthcare are strong sectors, with institutions like the University of Texas Rio Grande Valley and major medical centers providing employment opportunities. The Rio Grande River also runs through the area, providing recreational opportunities for locals and visitors.