Multi-Tenant Office
142 Paredes Line Road Brownsville, TX 78521
For Sale
$1,200,000
Multi-tenant office building with 7 suites, including one suite divided into 5 rental spaces.
Property Size6,600 SF
Price / SF$181.82
Days on Market15
Property Features for 142 Paredes Line Road
General Information
- Standard status
- Active
- Size
- 6,600 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1980
Listing Agency:
(956) 459-0171
Listed By:
Coldwell Banker La Mansion
(956) 459-0171
Source:
Xome
Added: Jul 10
Changed: Jul 23
Last Checked: Jul 23 at 1:43PM
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 Coldwell Banker La Mansion
Investment Insights
Based on property information with market context.
This multi-tenant office building is configured with 7 suites, with one suite divided into 5 individual rental spaces. The property is fully leased with long-term, established tenants, supporting immediate rental income.
Located at 142 Paredes Line Road in Brownsville, Texas, the property is described as being just 1 minute from Boca Chica Boulevard and the Expressway, offering convenient access for occupants and visitors.
Located at 142 Paredes Line Road in Brownsville, Texas, the property is described as being just 1 minute from Boca Chica Boulevard and the Expressway, offering convenient access for occupants and visitors.
Key Highlights
- Multi‑tenant commercial building with 7 suites; one suite is divided into 5 individual rental spaces
- Fully leased with established long‑term tenants
- 14 paved parking spaces
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $118.8k | $18.00 |
| − Vacancy | −$38.0k | −$5.76 |
| EGI | $80.8k | $12.24 |
| − OpEx | −$20.2k | −$3.06 |
| NOI | $60.6k | $9.18 |
6,600 SF · lease $18.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$865.5K
$757.4K – $1.01M
NOI $60,588 @ 7.0% cap · market cap 5.05%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.14M
$994.4K – $1.33M
NOI $79,548 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Reliable Finance
Loan Service
Alza Screen Printing
Clothing Store
Amaz-Ink Tattoo Studio
Tattoo & Piercing Shop
Iglesia Cristiana Berea
Church
YS Massage
Alternative Medicine Practice
FAQs
What type of property is this?
Office units - Multi-tenant office building with 7 suites, including one suite divided into 5 rental spaces.
Where is this office units located?
The property is located at 142 Paredes Line Road Brownsville, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Multi‑tenant commercial building with 7 suites; one suite is divided into 5 individual rental spaces; Fully leased with established long‑term tenants; 14 paved parking spaces
