Commercial-Industrial
1954 S Price Rd. Brownsville, TX 78521
For Sale
Contact for pricing
Pending
Gloor-built commercial/industrial warehouse near Expressway 77/83 in Brownsville.
Property Size11,876 SF
Days on Market360
Property Features for 1954 S Price Rd.
General Information
- Standard status
- Pending
- Size
- 11,876 SF
- Property subtype
- Land
Building Details
- Year Built
- 1980
Listing Agency:
Balli Realty Group
Listed By:
Fernando Balli · License #TX
Source:
Crexi
Added: Jul 30, 2025
Changed: Jul 20
Last Checked: Jul 23 at 1:46PM
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 Balli Realty Group
Investment Insights
Based on property information with market context.
Gloor built, commercial/industrial warehouse positioned in the heart of Brownsville’s commercial hub. The property is suited for a range of commercial and industrial uses, including commercial, sales, and industrial applications.
The location provides convenient access, with Expressway 77/83 located approximately 1 mile away. This central placement is intended to support day-to-day business operations and connectivity for tenants or buyers seeking a readily accessible warehouse in Brownsville.
The location provides convenient access, with Expressway 77/83 located approximately 1 mile away. This central placement is intended to support day-to-day business operations and connectivity for tenants or buyers seeking a readily accessible warehouse in Brownsville.
Key Highlights
- Gloor‑built commercial/industrial warehouse built in 1980
- Located in the heart of Brownsville’s commercial hub
- Near Expressway 77/83, with expressway access about 1 mile away
Financial Insights For Warehouse
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 | $84.1k | $7.08 |
| − Vacancy | −$4.7k | −$0.40 |
| EGI | $79.4k | $6.68 |
| − OpEx | −$11.9k | −$1.00 |
| NOI | $67.5k | $5.68 |
11,876 SF · lease $7.08/SF/yr · vacancy 5.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$963.8K
$843.3K – $1.12M
NOI $67,467 @ 7.0% cap · market cap 8.71%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$2.04M
$1.79M – $2.39M
NOI $143,139 @ 7.0% cap · market cap 18.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Brownsville Sheet Metal ...
Production Facility
Similar Off Market Nearby
- Best Little Warehouse In Texas — 2825 Rockwell Dr, Brownsville, TX 78521
- Move It Self Storage — 654 Frontage Rd #77, Brownsville, TX 78521
- Smartlock Self Storage® - Brownsville — 226 Frontage Rd, Brownsville, TX 78521
FAQs
What type of property is this?
Warehouse - Gloor-built commercial/industrial warehouse near Expressway 77/83 in Brownsville.
Where is this warehouse located?
The property is located at 1954 S Price Rd. Brownsville, TX.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Gloor‑built commercial/industrial warehouse built in 1980; Located in the heart of Brownsville’s commercial hub; Near Expressway 77/83, with expressway access about 1 mile away
