Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    651 E Morrison Rd Brownsville, TX 78520

    For Sale
    $6,815,000

    New construction 7-Eleven on 1.543 acre site for sale.

    Property size:
    4,650 SF
    Lot size:
    1.55 Acres

    Property Features for 651 E Morrison Rd

    General Information

    Size
    4,650 SF
    Lot size
    1.55 Acres

    Source: Secure Net Lease - Dallas Agent Edward "Ed" Benton

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

    Overview

    New 7-Eleven NNN Lease

    This property features a newly constructed 4,650+/- square foot building on a 1.543+/- acre site. The property is under a brand new 15-year corporate NNN lease with 7.5% rental increases every 5 years. The store is a large format 7-Eleven, featuring a Laredo Taco, 48 parking spaces, and 6 MPDs. Located in a high-growth trade area next to the Sunrise Mall, which includes over 100 stores and restaurants. The Rio Grande Valley is one of the fastest-growing regions in America. 7-Eleven, with an S&P rating of A, is the largest chain store operator in the world. The property is located in Brownsville, the 8th largest MSA in Texas, with a population of 186,738+.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brownsville
    County
    Cameron
    State
    Texas
    Longitude
    -97.51636
    Latitude
    25.967926

    Nearby Similar for Sale

    • New
      $200,000
      2,900 SF

      Established Restaurant Business Opportunity

      Restaurant business and assets for sale in high-visibility downtown location.
      902 E Adams St, Brownsville, TX 78520
      View Details
    • $2,500,000
      35,378 SF

      Brownsville Commercial Property on 5 Acres

      Investment opportunity with storage units, collision center, and expansion potential.
      3800 Paredes Line Rd, Brownsville, TX 78526
      View Details
    • New
      $3,450,000
      0.85 Acres

      Prime Retail Plaza Near Expressway

      High-visibility retail center with diverse tenants and investment potential.
      1160 E Alton Gloor Blvd, Brownsville, TX 78526
      View Details
    • $875,000
      0.73 Acres

      Income-Producing Commercial Plaza

      Nine-unit commercial plaza in high-traffic Brownsville location.
      2701 E Price Rd, Brownsville, TX 78521
      View Details
    • $279,000
      2,784 SF

      Income-Producing Property on Corner Lot

      Income-producing property with main home and two detached apartments.
      2000 W Jefferson St, Brownsville, TX 78520
      View Details
    • $795,000
      Pending

      Professional Office Building in Brownsville

      Well-maintained 7,000 SF office building in a prime location.
      114 W Jefferson St, Brownsville, TX 78520
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - New construction 7-Eleven on 1.543 acre site for sale.
    Where is this grocery and convenience store located?
    The property is located at 651 E Morrison Rd Brownsville, TX.
    What is the asking price?
    The asking price for this property is $6,815,000.
    What are key features of this property?
    This property features: - Brand new 15-year corporate NNN lease with 7.5% rental increases every 5 years.; - Large format 7-Eleven with Laredo Taco, 48 parking spaces and 6 MPDs.; - 7-Eleven (S&P Rated A) is the largest chain store operator in the world.
    (713) 222-2111
    Request Owner's contact information
    651 E Morrison Rd 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.
    651 E Morrison Rd
    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 Estimation

    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.

    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.

    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
    651 E Morrison Rd 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
    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.