Downtown Brownsville Commercial
For Sale
$1,400,000
1054 E Elizabeth St, Brownsville, TX 78520
High-traffic location suitable for retail, office, or restaurant.
Property Size10,992 SF
Lot Size0.12 Acres
Price / SF$127.37
Days on Market325
Property Features for 1054 E Elizabeth St
General Information
Standard status
Active
Size
10,992 SF
Lot size
0.12 Acres
Taxes and HOA fees
Annual Taxes
$3,232
Listing Agency:
Coldwell Banker Commercial Rio Grande Valley
(956) 451-2983
Listed By:
Daniel Galvan · License #582851
(956) 451-2983
Source:
Exprealty
Added: Oct 10, 2025
Changed: Aug 25
Last Checked: Aug 29 at 11:24AM
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 Coldwell Banker Commercial Rio Grande Valley
Investment Insights
Based on property information with market context.
Located at 1054 Elizabeth Street in Downtown Brownsville, this property offers an opportunity to own commercial real estate in a vibrant, high-traffic area. The location provides excellent visibility and accessibility, making it suitable for a variety of businesses. Potential uses include retail, office space, a boutique, a restaurant, or professional services. The property encompasses 0.12 acres. Many projects are planned for Downtown Brownsville.
Key Highlights
- Prime location in a vibrant, high‑traffic area of Downtown Brownsville.
- Excellent visibility and accessibility for businesses.
- Suitable for a wide variety of business types (retail, office, restaurant, etc.).
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$104,595
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,091,900
$2.1M
Cap Rate 7%
$1,494,214
$1.5M
Cap Rate 9%
$1,162,167
$1.2M
Market Conditions
NOI Build-Up for 10,992 SF
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.
Gross rent
$158.3K $14.40/SF
− Vacancy
−$8.9K −$0.81/SF
EGI
$149.4K $13.59/SF
− OpEx
−$44.8K −$4.08/SF
NOI
$104.6K $9.52/SF
Area
Brownsville, TX
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,091,900
Cap Rate 7%
$1,494,214
Cap Rate 9%
$1,162,167
Alternative Uses
Best Use
Retail
$1.49M
$1.31M – $1.74M
NOI $104,595 @ 7.0% cap · market cap 7.47%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.89M
$1.66M – $2.21M
NOI $132,484 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
667
Businesses Nearby
51k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Groceries 31%
Dining 21%
La Michoacana Meat Market
Groceries
15,766 visits/mo
0.3 miles
Exxon
Shops & Services
9,816 visits/mo
0.3 miles
Family Dollar
Shops & Services
7,716 visits/mo
0.3 miles
Stars Drive-In
Dining
6,872 visits/mo
0.4 miles
Church's Chicken
Dining
3,954 visits/mo
0.4 miles
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - High-traffic location suitable for retail, office, or restaurant.
Where is this retail space located?
The property is located at 1054 E Elizabeth St Brownsville, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Prime location in a vibrant, high‑traffic area of Downtown Brownsville.; Excellent visibility and accessibility for businesses.; Suitable for a wide variety of business types (retail, office, restaurant, etc.).
