Office Building Near
For Sale
$385,000
1002 E TAYLOR ST, Brownsville, TX 78520
COMMERCIAL - BROWNSVILLE, TX
Property Size3,742 SF
Lot Size0.14 Acres
Price / SF$114.18
Days on Market195
Property Features for 1002 E TAYLOR ST
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
BROWNSVILLE ORIGINAL TOWNSITE
Standard status
Active
Size
3,372 SF
Lot size
0.14 Acres
Amenities
reception area
conference room
break room
storage/telecommunication room
natural light
ADA accessible
Building Details
Year built
1996
Floors in Building
2
Listing Agency:
MARCUS PHIPPS REAL ESTATE, LLC
(956) 423-5300
Listed By:
PAULINE ZUROVEC · License #0249384
(956) 793-9993
Added: Jan 21
Changed: Aug 3
Last Checked: Aug 4 at 3:06PM
MLS# 29771511
Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This approximately one-and-one-half-story office building was constructed in 1996 and has received remodels over the years. The layout includes a reception area with a service window, wide corridors, a conference room or office, four to five additional offices, a break room, storage and telecommunications space, and separate men’s and women’s restrooms. Offices feature windows for natural light, while both the exterior and interior provide ADA accessibility. The concrete-block structure includes front and rear entry doors and a gravel roof.
The property is located two blocks from the Cameron County Courthouse at 1002 E Taylor St in Brownsville. On-site parking consists of a rear concrete area for five vehicles, with additional street parking available. The upper level includes a former library room of approximately 400 square feet, and the downstairs area contains approximately 2,972 square feet.
The property is located two blocks from the Cameron County Courthouse at 1002 E Taylor St in Brownsville. On-site parking consists of a rear concrete area for five vehicles, with additional street parking available. The upper level includes a former library room of approximately 400 square feet, and the downstairs area contains approximately 2,972 square feet.
Key Highlights
- Approximately 2,972 SF downstairs plus a 400 SF upstairs room
- Constructed in 1996 with concrete‑block construction
- Reception area, four to five offices, conference room, break room, and storage space
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.7k | $18.00 |
| − Vacancy | −$19.4k | −$5.76 |
| EGI | $41.3k | $12.24 |
| − OpEx | −$10.3k | −$3.06 |
| NOI | $31.0k | $9.18 |
3,372 SF · lease $18.00/SF/yr · vacancy 32.00% · expense 25.00%
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
803
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Remodeled office property with reception, private offices, conference space, and front and rear access.
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 2,972 SF downstairs plus a 400 SF upstairs room; Constructed in 1996 with concrete‑block construction; Reception area, four to five offices, conference room, break room, and storage space
