Freestanding Corner
For Sale
$499,000
1200 International Blvd, Brownsville, TX 78520
Freestanding commercial building with surface parking and TN-C Traditional Neighborhood Corridor zoning.
Property Size3,116 SF
Lot Size0.49 Acres
Price / SF$160.14
Days on Market49
Property Features for 1200 International Blvd
General Information
Standard status
Active
Size
3,116 SF
Lot size
0.49 Acres
Property subtype
Retail
Zoning
TN-C
Additional Details
Corner Location
Yes
Building Details
Building Size
3,116 SF
Year Built
1997
Buildings
1
Listing Agency:
SVN | Hanna Solutions Commercial Real Estate
Listed By:
Mark Hanna, CCIM
(956) 821-8001
Source:
Svn
Added: Aug 20
Changed: Sep 2
Last Checked: Oct 5 at 4:59PM
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 SVN | Hanna Solutions Commercial Real Estate
Investment Insights
Based on property information with market context.
The property includes a freestanding 3,116-square-foot building that formerly operated as a Pizza Hut restaurant. The site contains approximately 21,449 square feet, or 0.49 acres, with about 32 surface parking spaces, including 2 ADA-accessible spaces. Constructed in 1997, the property is zoned TN-C – Traditional Neighborhood Corridor and may support restaurant, retail, service, owner-user, or adaptive-reuse applications as identified in the listing information.
Positioned at the northeast corner of International Boulevard and E. Van Buren Street in Brownsville, the site offers access to the established International Boulevard corridor. The property is also described as being near the Gateway International Bridge and conveniently accessible to Downtown Brownsville.
Positioned at the northeast corner of International Boulevard and E. Van Buren Street in Brownsville, the site offers access to the established International Boulevard corridor. The property is also described as being near the Gateway International Bridge and conveniently accessible to Downtown Brownsville.
Key Highlights
- 3,116 SF freestanding building formerly used as a Pizza Hut restaurant
- Approximately 21,449 SF / ±0.49 acres
- Approximately 32 surface parking spaces, including 2 ADA‑accessible spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,768
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,360
$635.4K
Cap Rate 7%
$453,829
$453.8K
Cap Rate 9%
$352,978
$353.0K
Market Conditions
NOI Build-Up for 3,116 SF
Gross rent
$44.9K $14.40/SF
− Vacancy
−$2.5K −$0.81/SF
EGI
$42.4K $13.59/SF
− OpEx
−$10.6K −$3.40/SF
NOI
$31.8K $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%
$635,360
Cap Rate 7%
$453,829
Cap Rate 9%
$352,978
Alternative Uses
Best Use
Specialty Retail
$453.8K
$397.1K – $529.5K
NOI $31,768 @ 7.0% cap · market cap 6.37%
Second Best
Retail
$423.6K
$370.6K – $494.2K
NOI $29,650 @ 7.0% cap · market cap 5.94%
Theoretical Best
Healthcare Medical
$536.5K
$469.5K – $626.0K
NOI $37,557 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,131
Businesses Nearby
103k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 41%
Electronics 1%
McDonald's
Dining
26,274 visits/mo
0.2 miles
Whataburger
Dining
22,376 visits/mo
0.5 miles
Stripes
Shops & Services
11,560 visits/mo
0.2 miles
Family Dollar
Shops & Services
8,846 visits/mo
0.5 miles
Exxon
Shops & Services
8,015 visits/mo
0.3 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding commercial building with surface parking and TN-C Traditional Neighborhood Corridor zoning.
Where is this conventional restaurant located?
The property is located at 1200 International Blvd Brownsville, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3,116 SF freestanding building formerly used as a Pizza Hut restaurant; Approximately 21,449 SF / ±0.49 acres; Approximately 32 surface parking spaces, including 2 ADA‑accessible spaces
