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    965 Fm 802 Brownsville, TX 78520

    For Sale
    $740,000

    High-traffic location, great investment opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional commercial property, located at 965 FM 802 in Brownsville, Texas, presents a lucrative investment opportunity. Situated on a 0.29-acre lot, the plaza was originally designed as four individual commercial units. Currently, the property boasts a thriving restaurant occupying two units and a successful cell phone store in one unit. This leaves one unit available for lease at a monthly rate of $1500, providing immediate rental income potential. The property's prime location within a high-traffic commercial area ensures consistent visibility and accessibility for tenants. The existing tenants demonstrate the strong demand for commercial space in this location, making this an attractive investment for both seasoned and new investors. The property's solid occupancy rate and potential for future growth make it an ideal addition to any commercial real estate portfolio. The asking price is $740,000, representing a compelling value for a property with established tenants and significant income-generating potential. This is a rare opportunity to acquire a well-positioned, income-producing commercial property in a rapidly growing market. Serious inquiries are encouraged.

    Property Features for 965 Fm 802

    General Information

    Property type
    Other commercial real estate
    Lot Size
    12,632 SF

    Building Details

    Year Built
    2016
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Brownsville
    County
    CAMERON
    State
    Texas
    Longitude
    -97.53188
    Latitude
    25.94229

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, great investment opportunity.
    Where is this commercial real estate located?
    The property is located at 965 Fm 802 Brownsville, TX.
    What is the asking price?
    The asking price for this property is $740,000.
    (956) 504-4840
    Request Owner's contact information
    965 Fm 802 Brownsville, TX 78520
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    Brownsville, TX 78520
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    965 Fm 802 Brownsville, TX 78520
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