Commercial Land with Existing
For Sale
$1,250,000
1925 CENTRAL BLVD., Brownsville, TX 78520
Zoned C and improved with restrooms, office space, and covered outdoor areas.
Property Size4,338 SF
Price / SF$288.15
Days on Market322
Property Features for 1925 CENTRAL BLVD.
General Information
Standard status
Active
Size
4,338 SF
Property subtype
General Commercial
Amenities
Lot with Trees.
30 Parking Spaces.
City Road, Wooded.
Building Details
Year Built
2002
Stories
1
Listing Agency:
MKZ Realty
(210) 277-9085
Listed By:
Edgar De La Garza · License #620_37
(210) 277-9085
Source:
Xome
Added: Oct 13, 2025
Changed: Aug 29
Last Checked: Aug 29 at 2:31PM
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 MKZ Realty
Investment Insights
Based on property information with market context.
This 3.73-acre commercial land property includes several existing improvements: public restrooms, office space, a covered terrace, outdoor restrooms, and a landscaped garden with a mature tree. The property is being sold AS IS and was built in 2002.
A separate 1,054 SF house at the rear contains 2 bedrooms and 2 baths. The site provides 30 parking spaces, with additional room identified for expansion or future commercial development. Located at 1925 Central Blvd. in Brownsville, the property is near shopping and new developments and fronts a city road with wooded characteristics. Zoning is designated C.
A separate 1,054 SF house at the rear contains 2 bedrooms and 2 baths. The site provides 30 parking spaces, with additional room identified for expansion or future commercial development. Located at 1925 Central Blvd. in Brownsville, the property is near shopping and new developments and fronts a city road with wooded characteristics. Zoning is designated C.
Key Highlights
- 3.73‑acre commercial property zoned C
- 1,054 SF rear house with 2 bedrooms and 2 baths
- 30 parking spaces with room for expansion or new commercial development
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,227
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$884,540
$884.5K
Cap Rate 7%
$631,814
$631.8K
Cap Rate 9%
$491,411
$491.4K
Market Conditions
NOI Build-Up for 4,338 SF
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.
Gross rent
$62.5K $14.40/SF
− Vacancy
−$3.5K −$0.81/SF
EGI
$59.0K $13.59/SF
− OpEx
−$14.7K −$3.40/SF
NOI
$44.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$884,540
Cap Rate 7%
$631,814
Cap Rate 9%
$491,411
Alternative Uses
Best Use
Specialty Retail
$631.8K
$552.8K – $737.1K
NOI $44,227 @ 7.0% cap · market cap 3.54%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$746.9K
$653.6K – $871.4K
NOI $52,285 @ 7.0% cap · market cap 4.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,154
Businesses Nearby
172k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 39%
Dining 36%
Shops & Services 24%
Electronics 1%
H-E-B
Groceries
67,918 visits/mo
0.4 miles
McDonald's
Dining
30,353 visits/mo
0.4 miles
H-E-B Fuel
Shops & Services
18,328 visits/mo
0.3 miles
Wingstop
Dining
11,086 visits/mo
0.1 miles
Little Caesars Pizza
Dining
10,804 visits/mo
0.4 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Zoned C and improved with restrooms, office space, and covered outdoor areas.
Where is this commercial land located?
The property is located at 1925 CENTRAL BLVD. Brownsville, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 3.73‑acre commercial property zoned C; 1,054 SF rear house with 2 bedrooms and 2 baths; 30 parking spaces with room for expansion or new commercial development
