Two-Story Medical Office
For Sale
Under Contract
$1,999,999
1024 E Los Ebanos Blvd., Brownsville, TX 78520
Commercial Sale, Brownsville, TX
Property Size10,441 SF
Lot Size1.06 Acres
Price / SF$191.55
Days on Market249
Property Features for 1024 E Los Ebanos Blvd.
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C
Subdivision
Los Ebanos Square
Elementary school district
Brownsville ISD
Middle school district
Brownsville ISD
High school district
Brownsville ISD
Standard status
Active Under Contract
Size
10,441 SF
Lot size
1.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
113732
Building Details
Year built
1983
Number of units
1
Listing Agency:
Troy Giles Realty
(956) 761-2040
Listed By:
Jason Schrank
(956) 479-9833
Added: Feb 6
Changed: Oct 9
Last Checked: Oct 13 at 11:06PM
MLS# 104847
Copyright © 2026 South Padre Island Board 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.
Investment Insights
Based on property information with market context.
Los Ebanos Medical Center is a remodeled, two-story medical office property with 10,441 square feet on a 1.0645-acre parcel. Its layout can accommodate either one occupant or multiple tenants, and the property is zoned C.
Located at 1024 E Los Ebanos Blvd. in Brownsville, the building sits across the street from a school. The property was built in 1983.
Located at 1024 E Los Ebanos Blvd. in Brownsville, the building sits across the street from a school. The property was built in 1983.
Key Highlights
- 10,441 square feet across two stories
- 1.0645‑acre lot
- Remodeled medical office building, built in 1983
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,843
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,516,860
$2.5M
Cap Rate 7%
$1,797,757
$1.8M
Cap Rate 9%
$1,398,256
$1.4M
Market Conditions
NOI Build-Up for 10,441 SF
Gross rent
$225.5K $21.60/SF
− Vacancy
−$15.8K −$1.51/SF
EGI
$209.7K $20.09/SF
− OpEx
−$83.9K −$8.04/SF
NOI
$125.8K $12.05/SF
Area
Brownsville, TX
Vacancy
7.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,516,860
Cap Rate 7%
$1,797,757
Cap Rate 9%
$1,398,256
Alternative Uses
Best Use
Healthcare Medical
$1.80M
$1.57M – $2.10M
NOI $125,843 @ 7.0% cap · market cap 6.29%
Second Best
Office B
$1.37M
$1.20M – $1.60M
NOI $95,848 @ 7.0% cap · market cap 4.79%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,232
Businesses Nearby
Under-served
Demand for This Use
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Head & Stanfield — 1733 Boca Chica Blvd, Brownsville, TX 78520
- Brownsville Veterinary Hospital — 1810 Central Blvd, Brownsville, TX 78520
Frequently Asked Questions
What type of property is this?
Medical Office Space - Remodeled, the property offers adaptable space for single- or multi-tenant occupancy.
Where is this medical office space located?
The property is located at 1024 E Los Ebanos Blvd. Brownsville, TX.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: 10,441 square feet across two stories; 1.0645‑acre lot; Remodeled medical office building, built in 1983
