Flexible-Layout
New
For Sale
Contact for pricing
1170 Cheers Street, Brownsville, TX 78521
The floor plan can serve one occupant or be configured for multiple tenants.
Property Size22,500 SF
Price / SF$1.00
Days on Market3
Property Features for 1170 Cheers Street
General Information
Standard status
Active
Size
22,500 SF
Property subtype
Commercial
Additional Details
Warehouse Space
22,500 SF
Property Use
Warehouse
Building Details
Year Built
2024
Building Size
22,500 SF
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:38PM
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 SANETI REALTY GROUP
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2024, this 22,500-square-foot warehouse in Brownsville offers a flexible floor plan for single-tenant or multi-tenant occupancy. Its industrial setting and access to major transportation routes support warehouse, logistics, and distribution operations.
Key Highlights
- 22,500 SF warehouse
- Built in 2024
- Flexible configuration for single‑tenant or multi‑tenant occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,265
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,105,300
$2.1M
Cap Rate 7%
$1,503,786
$1.5M
Cap Rate 9%
$1,169,611
$1.2M
Market Conditions
NOI Build-Up for 22,500 SF
Gross rent
$159.3K $7.08/SF
− Vacancy
−$8.9K −$0.40/SF
EGI
$150.4K $6.68/SF
− OpEx
−$45.1K −$2.01/SF
NOI
$105.3K $4.68/SF
Area
Brownsville, TX
Vacancy
5.60%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,105,300
Cap Rate 7%
$1,503,786
Cap Rate 9%
$1,169,611
Alternative Uses
Best Use
Warehouse
$1.83M
$1.60M – $2.13M
NOI $127,822 @ 7.0% cap · market cap 568.10%
Second Best
Industrial
$1.50M
$1.32M – $1.75M
NOI $105,265 @ 7.0% cap · market cap 467.84%
Theoretical Best
Healthcare Medical
$3.87M
$3.39M – $4.52M
NOI $271,188 @ 7.0% cap · market cap 1,205.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
298
Businesses Nearby
Under-served
Demand for This Use
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 Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - The floor plan can serve one occupant or be configured for multiple tenants.
Where is this warehouse located?
The property is located at 1170 Cheers Street Brownsville, TX.
What are key features of this property?
This property features: 22,500 SF warehouse; Built in 2024; Flexible configuration for single‑tenant or multi‑tenant occupancy
