1021 E Levee St., Brownsville, TX 78520
Versatile space in a rapidly growing, revitalizing downtown area.
- Added:
- Feb 6, 2026
- Days on Market:
- 143
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 1021 E Levee St.
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Property subtype
- Land
Building Details
- Year Built
- 1940
Listing office Coldwell Banker Commercial Rio Grande Valley
Listing date Feb 6, 2026
Source Crexi
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HighLights
- Prime location in a rapidly growing and revitalizing downtown area
- Ample parking available
- Versatile space suitable for retail, dining, offices, or creative spaces
- Surrounded by historic charm and cultural destinations
- Located near major economic drivers like SpaceX and the Port of Brownsville
- Significant city and private investments in the area
Overview
Local Financial Insights For Specialty Retail
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 | $172.8k | $14.40 |
| − Vacancy | −$9.7k | −$0.81 |
| EGI | $163.1k | $13.59 |
| − OpEx | −$40.8k | −$3.40 |
| NOI | $122.3k | $10.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brownsville
- County
- Cameron
- State
- Texas
- Longitude
- -97.51521
- Latitude
- 25.91553