Remodeled Medical Center For
For Sale
$1,999,999
1024 E Los Ebanos Blvd, Brownsville, TX 78520
Two-story medical building in established medical district with flexible space.
Property Size10,441 SF
Lot Size1.00 Acre
Price / SF$191.55
Days on Market250
Property Features for 1024 E Los Ebanos Blvd
General Information
Standard status
Active
Size
10,441 SF
Lot size
1.00 Acre
Taxes and HOA fees
Annual Taxes
$113,732
Listing Agency:
Troy Giles Realty
(956) 761-2040
Listed By:
Jason Schrank
(956) 479-9833
Source:
Exprealty
Added: Feb 6
Changed: Oct 11
Last Checked: Oct 13 at 1:04AM
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 Troy Giles Realty
Investment Insights
Based on property information with market context.
Located at 1024 E Los Ebanos Blvd in Brownsville, TX, the Los Ebanos Medical Center is a remodeled two-story office/medical building. The property offers approximately 10,441 SF of flexible space on a ±1-acre lot with ample parking. Formerly operated as a hospital, the property is well suited for medical, professional office, training, or business use. The layout allows for single-tenant or multi-tenant occupancy, making it ideal for an owner-user or investor. The property benefits from excellent visibility and strong traffic flow along Los Ebanos Blvd, with quick access to major roadways and the highway. It is located within the established Los Ebanos medical district. A school directly across the street provides consistent daily exposure and client traffic. The property is offered for sale, with leasing options potentially available, in a high-demand commercial corridor.
Key Highlights
- Prime location in the established Los Ebanos medical district with high visibility and strong traffic flow on Los Ebanos Blvd.
- Remodeled two‑story building offering approximately 10,441 SF of flexible space suitable for medical, professional office, training, or business use.
- Potential for single‑tenant or multi‑tenant occupancy, appealing to both owner‑users and investors.
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
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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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-story medical building in established medical district with flexible space.
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: Prime location in the established Los Ebanos medical district with high visibility and strong traffic flow on Los Ebanos Blvd.; Remodeled two‑story building offering approximately 10,441 SF of flexible space suitable for medical, professional office, training, or business use.; Potential for single‑tenant or multi‑tenant occupancy, appealing to both owner‑users and investors.
