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    409 W 2Nd St Brownsville, TX 78520

    Sponsored
    For Sale
    $399,000

    COMMERCIAL - Brownsville, TX

    Property size:
    6,542 SF
    Lot size:
    0.28 Acres
    Days on Market:
    37
    Last Refresh:
    Jan 31 at 5:06 am

    Property Features for 409 W 2Nd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C
    APN
    0681900450011000
    Parking
    8
    Parking features
    On Street, Off Street
    Patio and Porch features
    Patio
    Exterior features
    Storage, Manual Gate
    Fencing
    Gate
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Electric Water Heater
    Size
    6,542 SF
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Central Air, Window Unit(s)

    Building Details

    Year built
    1960
    Floors in Building
    1
    Building materials
    Brick, Block
    Roof type
    Composition, Flat
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Cecilia Gonzales
    Cecilia Gonzales

    RE/MAX elite (956) 330-3674

    Listing agent Cecilia Gonzales (956) 854-1444

    Listing date Dec 26, 2025

    MLS# 469292

    Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Downtown Church with Redevelopment Potential

    This long-standing local community church is available for sale in the Downtown area, off of Levee St. The property is located in close proximity to the new Sam's Memorial Stadium, a prominent high school sports venue in Brownsville, with spectator capacity reaching approximately 10,000. The surrounding area includes residential properties, local businesses, churches, and offices. The property is within 5 minutes of the Downtown area and major projects, including investments from SpaceX, Texas LNG, and the Port of Brownsville, which are contributing to job growth and infrastructure improvements. The church includes 16 large pews and 2 smaller pews, with a capacity of approximately 120 members. The building features 7 offices, 2 bathrooms, and 3 entry/exit ways. It is equipped with 2 HVAC units, a gated entrance, and a rear entrance. There is a large kitchen area with a commercial sink, as well as a dining/classroom-style area for activities. The property, which sits on a 0.2755-acre lot, contains a 6,542 square foot building. This property has the potential to be converted into a professional business center, daycare, or for government use. The property is zoned C.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New Life Christian ... Christian Church Vida Nueva Christian ... Christian Church Korean open door ... Korean Church Korean Church of Brownsville Korean Church

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brownsville
    County
    Cameron
    State
    Texas
    Longitude
    -97.508959
    Latitude
    25.910339

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    FAQs

    What type of property is this?
    Church & religious facility - Local church near stadium, suitable for redevelopment.
    Where is this church & religious facility located?
    The property is located at 409 W 2Nd St Brownsville, TX.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Prime location in Downtown area, off Levee St, near Sam's Memorial Stadium; - Proximity to major projects driving job growth and infrastructure improvements; - Versatile property suitable for conversion into a business center, daycare, government use, etc.
    (956) 330-3674
    Request Owner's contact information
    409 W 2Nd St Brownsville, TX 78520
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    Brownsville, TX 78520
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    409 W 2Nd St Brownsville, TX 78520
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    We can help!
    Listing Contact
    Cecilia Gonzales
    Cecilia Gonzales
    Real Estate License ID: 767526
    (956) 330-3674
    Learn more
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