Corner Lot Convenience
2301 Carlos Ave. Brownsville, TX 78526
2301 Carlos Ave., Brownsville, TX, 78526
Contact for pricing
For Sale
Contact for pricing
Operating convenience store with drive-thru window and walk-in freezer, plus two leased apartments.
Property Size1,714 SF
Price / SF$145.86
Days on Market119
Property Features for 2301 Carlos Ave.
General Information
- Standard status
- Active
- Size
- 1,714 SF
- Property subtype
- Land
Building Details
- Year Built
- 1993
Listing agency
THE MBTEAM
(956) 357-4632
Listed by
Monica Benavides · License #TX
Source
Crexi
Added: Mar 26 Updated: Jul 21 at 5:54AM Checked: Jul 21 at 5:54AM
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 THE MBTEAM
Investment Insights
Based on property information with market context.
This versatile corner lot property is currently operating as a convenience store and offers approximately 1,273 square feet of retail space. The setup includes a drive-thru window, a walk-in freezer for cold storage, and a kitchen area with stainless steel fixtures.
In addition to the retail component, the property includes two apartments that are currently leased, providing ongoing rental income. The asset is located at 2301 Carlos Ave. in Brownsville, Texas.
In addition to the retail component, the property includes two apartments that are currently leased, providing ongoing rental income. The asset is located at 2301 Carlos Ave. in Brownsville, Texas.
Key Highlights
- Corner lot property built in 1993, currently operating as a convenience store
- Approximately 1,273 SF of retail space includes a drive‑thru window
- Walk‑in freezer for cold storage plus a kitchen area with stainless steel fixtures
Local Financial Insights For Specialty Retail
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 | $24.7k | $14.40 |
| − Vacancy | −$1.4k | −$0.81 |
| EGI | $23.3k | $13.59 |
| − OpEx | −$5.8k | −$3.40 |
| NOI | $17.5k | $10.20 |
1,714 SF · lease $14.40/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$249.6K
$218.4K – $291.3K
NOI $17,475 @ 7.0% cap · market cap 6.99%
Second Best
Retail
$233.0K
$203.9K – $271.8K
NOI $16,310 @ 7.0% cap · market cap 6.52%
Theoretical Best
Healthcare Medical
$295.1K
$258.2K – $344.3K
NOI $20,658 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mini Smart - Asian ...
Grocery & Convenience Store
Don Chuy's Grocery ...
Specialty Food Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Paredes Line Grocery — 5200 Paredes Line Rd, Brownsville, TX 78526
FAQs
What type of property is this?
Grocery and convenience store - Operating convenience store with drive-thru window and walk-in freezer, plus two leased apartments.
Where is this grocery and convenience store located?
The property is located at 2301 Carlos Ave. Brownsville, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Corner lot property built in 1993, currently operating as a convenience store; Approximately 1,273 SF of retail space includes a drive‑thru window; Walk‑in freezer for cold storage plus a kitchen area with stainless steel fixtures
