Commercial Plaza with On-Site Medical
For Sale
$4,500,000
26 CORIA ST., Brownsville, TX 78520
Commercial plaza in Brownsville with strong visibility, easy access, and WellMed as an on-site professional tenant.
Property Size11,013 SF
Price / SF$408.61
Days on Market78
Property Features for 26 CORIA ST.
General Information
Standard status
Active
Size
11,013 SF
Property subtype
General Commercial
Building Details
Year Built
2004
Listing Agency:
Texas Land Trade Realty, LLC
(956) 561-1602
Listed By:
Rudy Zolezzi
(956) 561-1602
Source:
Xome
Added: May 17
Changed: Jul 10
Last Checked: Aug 1 at 3:09PM
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 Texas Land Trade Realty, LLC
Investment Insights
Based on property information with market context.
This commercial plaza offers a retail and office environment with an on-site professional medical tenant. Public remarks indicate WellMed is currently on site, supporting a practical mix of uses within the property.
Located at 26 Coria St. in Brownsville, Texas, the property is described as having strong visibility and easy access. The plaza is positioned among local businesses and residential communities, which can help support day-to-day customer activity.
For buyers or operators seeking a turnkey commercial asset, the presence of an established medical office tenant may be a useful starting point. The combination of professional use on site and a surrounding mix of neighborhood and business activity can make the plaza a relevant fit for investors looking to own a maintained commercial property with an existing tenant footprint, or for businesses evaluating a shared environment with an established operator.
Located at 26 Coria St. in Brownsville, Texas, the property is described as having strong visibility and easy access. The plaza is positioned among local businesses and residential communities, which can help support day-to-day customer activity.
For buyers or operators seeking a turnkey commercial asset, the presence of an established medical office tenant may be a useful starting point. The combination of professional use on site and a surrounding mix of neighborhood and business activity can make the plaza a relevant fit for investors looking to own a maintained commercial property with an existing tenant footprint, or for businesses evaluating a shared environment with an established operator.
Key Highlights
- Commercial plaza in Brownsville with an on‑site professional tenant, WellMed
- Year built 2004
- Paved driveway with parking for 100 vehicles
Financial Insights For Healthcare Medical
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 | $237.9k | $21.60 |
| − Vacancy | −$16.7k | −$1.51 |
| EGI | $221.2k | $20.09 |
| − OpEx | −$88.5k | −$8.04 |
| NOI | $132.7k | $12.05 |
11,013 SF · lease $21.60/SF/yr · vacancy 7.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.90M
$1.66M – $2.21M
NOI $132,737 @ 7.0% cap · market cap 2.95%
Second Best
Retail
$1.50M
$1.31M – $1.75M
NOI $104,794 @ 7.0% cap · market cap 2.33%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,166
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Brownsville Veterinary Hospital — 1810 Central Blvd, Brownsville, TX 78520
Frequently Asked Questions
What type of property is this?
Medical Office Space - Commercial plaza in Brownsville with strong visibility, easy access, and WellMed as an on-site professional tenant.
Where is this medical office space located?
The property is located at 26 CORIA ST. Brownsville, TX.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Commercial plaza in Brownsville with an on‑site professional tenant, WellMed; Year built 2004; Paved driveway with parking for 100 vehicles
