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    Prime Commercial Space in Brownsville Title is generated by Realmo AI

    1021 E Levee St., Brownsville, TX 78520

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    Versatile space in a rapidly growing, revitalizing downtown area.

    Type:Land
    Property size:
    12,000 SF
    Price / SF:
    $166/SF
    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

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    Daniel Galvan

    Listing office Coldwell Banker Commercial Rio Grande Valley

    Listing date Feb 6, 2026

    Source Crexi

    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 Coldwell Banker Commercial Rio Grande Valley

    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

    This property presents a prime commercial opportunity with ample parking, situated in an area experiencing rapid growth and revitalization. The location is surrounded by historic charm, cultural destinations, and an increasing mix of cafes and businesses. The property is suitable for retail, dining, offices, or creative spaces. Downtown Brownsville is becoming a vibrant hub for both locals and visitors, supported by millions invested in city upgrades, private revitalization projects, and major drivers such as SpaceX and the Port of Brownsville. The property size is 12000 square feet. This versatile space is located in one of the city's fastest-growing districts.

    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
    12,000 SF · lease $14.40/SF/yr · vacancy 5.60% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.75M
    $1.53M – $2.04M (±1% cap)
    NOI $122,342 @ 7.0% cap · market cap 6.12%
    Second Best
    Retail
    $1.63M
    $1.43M – $1.90M (±1% cap)
    NOI $114,186 @ 7.0% cap · market cap 5.71%
    Theoretical Best
    Healthcare Medical
    $2.07M
    $1.81M – $2.41M (±1% cap)
    NOI $144,634 @ 7.0% cap · market cap 7.23%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hardy Commercial Cleaners ... Commercial Cleaning Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Brownsville
    County
    Cameron
    State
    Texas
    Longitude
    -97.51521
    Latitude
    25.91553

    FAQs

    What type of property is this?
    Commercial land - Versatile space in a rapidly growing, revitalizing downtown area.
    Where is this commercial land located?
    The property is located at 1021 E Levee St. Brownsville, TX.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Prime location in a rapidly growing and revitalizing downtown area; Ample parking available; Versatile space suitable for retail, dining, offices, or creative spaces
    More about this property
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