Free-Standing Office Building on
For Sale
$1,999,000
1060 Mackintosh Drive, Brownsville, TX 78521
18,320 SF office building on 2.25 acres in Brownsville.
Property Size18,320 SF
Lot Size2.25 Acres
Price / SF$109.12
Days on Market763
Property Features for 1060 Mackintosh Drive
General Information
Standard status
Active
Size
18,320 SF
Lot size
2.25 Acres
Property subtype
General Commercial
Building Details
Year Built
2009
Listing Agency:
NAI Rio Grande Valley | McAllen
(956) 994-8900
Listed By:
Nai Stx
(956) 227-8000
Source:
Xome
Added: Jun 28, 2024
Changed: Jul 10
Last Checked: Jul 30 at 4:11AM
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 NAI Rio Grande Valley | McAllen
Investment Insights
Based on property information with market context.
Located on Mackintosh Drive in Brownsville, this 18,320-square-foot free-standing office building offers convenient access to the frontage road and US Highway 83. Situated on a 2.25-acre lot, the property includes 115 parking spaces and features an electric gate that provides secured parking. The building's interior comprises a spacious lobby, reception area, file room, break room, and mechanical room, along with 77 offices or rooms. This versatile property is suitable for various professional uses, including a training school, call center, government office, outpatient facility, medical imaging center, doctor or dentist office, hospital, or chiropractic office. Note that a plasma center is not an approved use. The expansive layout provides opportunities to accommodate diverse professional needs.
Key Highlights
- 18,320 sq ft free‑standing office building on 2.25 acres
- 115 parking spaces available
- Features 77 offices/rooms
Financial Insights For Office B
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 | $329.8k | $18.00 |
| − Vacancy | −$105.5k | −$5.76 |
| EGI | $224.2k | $12.24 |
| − OpEx | −$56.1k | −$3.06 |
| NOI | $168.2k | $9.18 |
18,320 SF · lease $18.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.40M
$2.10M – $2.80M
NOI $168,178 @ 7.0% cap · market cap 8.41%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$3.15M
$2.76M – $3.68M
NOI $220,807 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,133
Businesses Nearby
Explore this area
Business Placement
Demographics for 78521, TX
88,708
Population
29,576
Households
3
Avg Household Size
32
Median Age
15%
College-Educated
62%
High-School Grad
93.7 sq mi
ZIP Area
947
Density / Sq Mi
$41,276
Median Household Income
$24,781
Median Earnings
$864
Median Rent
$90,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 18,320 SF office building on 2.25 acres in Brownsville.
Where is this office building located?
The property is located at 1060 Mackintosh Drive Brownsville, TX.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: 18,320 sq ft free‑standing office building on 2.25 acres; 115 parking spaces available; Features 77 offices/rooms
