Technical
Financial
Distress signals
Property profile

815 Billy Mitchell Blvd Brownsville, TX 78521

OFF-MARKET
Commercial real estate
Property ID
US82-2092189
3,250 SF 0.43 ac lot Built 1976
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents two adjacent commercial properties totaling 4,930 square feet on a combined 0.56-acre lot in Brownsville, Texas. The properties, located at 815 Billy Mitchell Blvd. and 815 Central Ave., are offered for sale together or individually. The larger building, situated at 815 Billy Mitchell Blvd., encompasses 3,250 square feet on a 0.43-acre parcel and is currently leased as a car lot. Constructed of durable concrete block, this building offers significant potential for a variety of commercial uses. The second building, located at 815 Central Ave., comprises 1,680 square feet on a 0.12-acre lot and is currently leased to a church. This smaller building, also constructed of concrete block, provides a stable income stream and further enhances the overall investment value. The combined properties present a unique opportunity for an investor seeking a diversified portfolio or a single buyer looking for a substantial presence in a thriving Brownsville commercial area. The strategic location and existing leases offer immediate return on investment, while the flexible configuration allows for a variety of future development possibilities. The asking price for the entire property is $420,000. Individual pricing is available upon request.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1976
Total area 3,250 SF
Lot 0.43 ac (18,731 SF)
Zoning code C
APN 02-7910-0080-1044-00
UPID US82-2092189

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership

Location

815 Billy Mitchell Blvd Brownsville, TX 78521-5018
Brownsville metro Census 14300 BROWNSVILLE-HARLINGEN, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

C · Brownsville, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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