Corner Office
For Sale
$385,000
1002 E Taylor St, Brownsville, TX 78520
Well-maintained office property with private offices, conference rooms, and a dedicated storage attic.
Property Size3,372 SF
Price / SF$114.18
Days on Market52
Property Features for 1002 E Taylor St
General Information
Standard status
Active
Size
3,372 SF
Amenities
private offices
conference rooms
bathrooms
water fountains
kitchen area
storage attic
Building Details
Year Built
1996
Buildings
1
Listing Agency:
Realty Solutions
Listed By:
Zaida Trevino · License #0508770
(956) 455-5956
Source:
Accessrealtyrgv
Added: Sep 4
Changed: Oct 1
Last Checked: Oct 7 at 5:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Solutions
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Investment Insights
Based on property information with market context.
This well-maintained office building provides approximately 3372 square feet on a corner lot. The layout includes 4 private offices, 2 conference rooms, 2 bathrooms, 2 water fountains, a kitchen area, and a 400 square foot storage attic.
Located at 1002 Taylor Street in Brownsville, the property is two blocks from the Cameron County courthouses on Harrison Street and within walking distance of the courthouse and downtown. The combination of office configuration, support areas, and central setting accommodates professional office and other commercial uses identified for the property.
Located at 1002 Taylor Street in Brownsville, the property is two blocks from the Cameron County courthouses on Harrison Street and within walking distance of the courthouse and downtown. The combination of office configuration, support areas, and central setting accommodates professional office and other commercial uses identified for the property.
Key Highlights
- Approximately 3372 square feet of office space on a corner lot
- 4 private offices and 2 conference rooms
- 2 bathrooms, 2 water fountains, and a kitchen area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,955
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$619,100
$619.1K
Cap Rate 7%
$442,214
$442.2K
Cap Rate 9%
$343,944
$343.9K
Market Conditions
NOI Build-Up for 3,372 SF
Gross rent
$60.7K $18.00/SF
− Vacancy
−$19.4K −$5.76/SF
EGI
$41.3K $12.24/SF
− OpEx
−$10.3K −$3.06/SF
NOI
$31.0K $9.18/SF
Area
Brownsville, TX
Vacancy
32.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$619,100
Cap Rate 7%
$442,214
Cap Rate 9%
$343,944
Alternative Uses
Best Use
Office B
$442.2K
$386.9K – $515.9K
NOI $30,955 @ 7.0% cap · market cap 8.04%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$580.6K
$508.0K – $677.4K
NOI $40,642 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,545
Businesses Nearby
Explore this area
Business Placement
Demographics for 78520, TX
64,949
Population
22,543
Households
2.9
Avg Household Size
34
Median Age
23%
College-Educated
69%
High-School Grad
39.7 sq mi
ZIP Area
1,636
Density / Sq Mi
$47,331
Median Household Income
$27,529
Median Earnings
$842
Median Rent
$129,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Well-maintained office property with private offices, conference rooms, and a dedicated storage attic.
Where is this office building located?
The property is located at 1002 E Taylor St Brownsville, TX.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Approximately 3372 square feet of office space on a corner lot; 4 private offices and 2 conference rooms; 2 bathrooms, 2 water fountains, and a kitchen area
