Mixed-Use Restaurant
For Sale
$324,000
1155 N Minnesota Ave., Brownsville, TX 78521
Operating restaurant with an upstairs studio apartment provides both commercial and residential components.
Property Size2,016 SF
Price / SF$160.71
Days on Market94
Property Features for 1155 N Minnesota Ave.
General Information
Standard status
Active
Size
2,016 SF
Units
Unit Mix
1 x studio
Multifamily Units
1
Additional Details
Business Included
Yes
Building Details
Year Built
2010
Listing Agency:
RE/MAX Sun Valley Realtors
Listed By:
Joe De La Fuente · License #479104
(956) 592-2679
Source:
Accessrealtyrgv
Added: Aug 2
Changed: Oct 25
Last Checked: Oct 7 at 12:58PM
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 RE/MAX Sun Valley Realtors
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Investment Insights
Based on property information with market context.
This mixed-use property combines an operating restaurant with a studio apartment positioned upstairs at the rear. The building was constructed in 2010 and is located at 1155 N Minnesota Ave. in Brownsville, Texas. The configuration places restaurant operations and residential space within one property, offering a distinct combination of uses for an owner or investor evaluating a commercial asset with an attached living component.
The property is described as within walking distance of the airport and near schools, supermarkets, SpaceX, and LNG facilities. Its Brownsville location and combination of restaurant and apartment space provide the core physical and surrounding-context facts for evaluating the property.
The property is described as within walking distance of the airport and near schools, supermarkets, SpaceX, and LNG facilities. Its Brownsville location and combination of restaurant and apartment space provide the core physical and surrounding-context facts for evaluating the property.
Key Highlights
- Operating restaurant with an upstairs rear studio apartment
- Mixed‑use configuration combines restaurant and residential components
- Built in 2010
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,554
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,080
$411.1K
Cap Rate 7%
$293,629
$293.6K
Cap Rate 9%
$228,378
$228.4K
Market Conditions
NOI Build-Up for 2,016 SF
Gross rent
$29.0K $14.40/SF
− Vacancy
−$1.6K −$0.81/SF
EGI
$27.4K $13.59/SF
− OpEx
−$6.9K −$3.40/SF
NOI
$20.6K $10.20/SF
Area
Brownsville, TX
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,080
Cap Rate 7%
$293,629
Cap Rate 9%
$228,378
Alternative Uses
Best Use
Specialty Retail
$293.6K
$256.9K – $342.6K
NOI $20,554 @ 7.0% cap · market cap 6.34%
Second Best
Mixed Use
$291.6K
$255.2K – $340.2K
NOI $20,412 @ 7.0% cap · market cap 6.30%
Theoretical Best
Healthcare Medical
$347.1K
$303.7K – $405.0K
NOI $24,298 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
9,142 visits/mo
0.1 miles
Family Dollar
Shops & Services
6,602 visits/mo
0.3 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Operating restaurant with an upstairs studio apartment provides both commercial and residential components.
Where is this mixed-use property located?
The property is located at 1155 N Minnesota Ave. Brownsville, TX.
What is the asking price?
The asking price for this property is $324,000.
What are key features of this property?
This property features: Operating restaurant with an upstairs rear studio apartment; Mixed‑use configuration combines restaurant and residential components; Built in 2010
