Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    934 E Levee St Brownsville, TX 78520

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $18 SF/Yr ($6,000 /Mo)

    Versatile 4,000 SF space in central downtown location.

    Property size:
    4,000 SF
    Lot size:
    0.28 Acres

    Property Features for 934 E Levee St

    General Information

    Size
    4,000 SF
    Lot size
    0.28 Acres

    We can help!

    Listing Contact
    Daniel Galvan
    Daniel Galvan
    Source: Moodyscre

    Listing Agent: Daniel Galvan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Downtown Retail or Office Space

    Located in the central downtown area, this property offers 4,000 square feet of space suitable for various uses, including retail, office, or dining. The location benefits from high visibility.
    Location Intelligence

    Current Use by Public Records

    B-C NOTARY PUBLIC ... Notary Public Dr. Francisco May, ... Doctor John Ivory SR-22 ... Insurance Company Credit Repair Credit Reporting Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -97.500789
    Latitude
    25.901929

    Nearby Similar for Lease

    • $6,465 /Mo
      8,500 SF

      Warehouse with Dock High Access

      8,500 SF warehouse with office space for lease.
      214 Mcnair Family Dr, Brownsville, TX 78520
      View Details
    • $4,026 /Mo
      2,301 SF

      Medical Office Space with Pool

      Medical office space for lease near Valley Baptist Medical Center.
      864 Central Blvd, Brownsville, TX 78520
      View Details
    • $8,055 /Mo
      4,603 SF

      Medical Office with Physical Therapy Pool

      4,603 SF medical office space with pool near Valley Baptist.
      864 Central Blvd, Brownsville, TX 78520
      View Details
    • $3,150 /Mo
      304,920 SF

      Retail Space in Via Del Mar

      Corner location retail space with excellent tenant and service mix.
      5850 Ruben M Torres Blvd, Brownsville, TX 78526
      View Details
    • $2,363 /Mo
      1,350 SF

      Central Brownsville Office Space Available

      Professional office space in a well-located, multi-tenant building.
      864 Central Blvd, Brownsville, TX 78520
      View Details
    • $1,000 /Mo
      6,534 SF

      Retail Space in High-Traffic Area

      Commercial lease available on Frontage Rd in Brownsville, TX.
      295 Frontage Rd, Brownsville, TX 78520
      View Details
    • $3,500 /Mo
      5,626 SF

      Commercial Space with Showroom, Warehouse

      Commercial property featuring a showroom and warehouse available for lease.
      234 E Elizabeth St, Brownsville, TX 78520
      View Details
    • New
      $1,050 /Mo
      600 SF

      Commercial Space in Brownsville, TX

      600 SqFt commercial space suitable for startups and retail.
      2728 Boca Chica Blvd, Brownsville, TX 78521
      View Details
    • $2,500 /Mo
      2,015 SF

      Retail Space in Prime Location

      Retail space with kitchen, storage, and bathrooms available for lease.
      5460 Paredes Line Rd, Brownsville, TX 78526
      View Details
    • $550 /Mo
      5,401 SF

      Spacious Retail Unit Near Downtown

      Spacious retail unit with private restroom near downtown Brownsville.
      1405 E Monroe St, Brownsville, TX 78520
      View Details
    • $1,800 /Mo
      1,290 SF

      Retail Space in Brownsville, TX

      1,290 SF retail space available for lease in Brownsville.
      4710 Boca Chica Blvd, Brownsville, TX 78521
      View Details
    • $2,750 /Mo
      2,670 SF

      Remodeled Commercial Space in Brownsville

      Remodeled commercial building with two units available for lease.
      1211 Washington St, Brownsville, TX 78520
      View Details

    FAQs

    What type of property is this?
    Retail space - Versatile 4,000 SF space in central downtown location.
    Where is this retail space located?
    The property is located at 934 E Levee St Brownsville, TX.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Central downtown location; - High visibility; - Multi-use potential
    (956) 631-1322
    Request Owner's contact information
    934 E Levee St Brownsville, TX 78520
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    934 E Levee St
    Brownsville, TX 78520
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    934 E Levee St Brownsville, TX 78520
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Daniel Galvan
    Daniel Galvan
    Real Estate License ID: 0561680
    (956) 631-1322
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.