Medical Office with Treatment
For Sale
$375,000
2744 Southmost Rd., Brownsville, TX 78526
Established healthcare facility with a reception area, private clinical rooms, support areas, and ADA-accessible restroom.
Property Size1,848 SF
Price / SF$202.92
Days on Market55
Property Features for 2744 Southmost Rd.
General Information
Standard status
Active
Size
1,848 SF
Building Details
Year Built
1998
Listing Agency:
RE/MAX Elite Brownsville
(956) 701-0623
Listed By:
RAUL AGUILAR · License #565_630
Source:
Accessrealtyrgv
Added: Jul 9
Changed: Aug 31
Last Checked: Aug 31 at 6:37PM
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 RE/MAX Elite Brownsville
Investment Insights
Based on property information with market context.
Built in 1998, this 1,848-square-foot medical office is currently configured for dental operations. The interior includes a reception and waiting area, five private treatment or exam rooms with sinks and cabinetry, a manager’s office, storage, kitchenette, and two restrooms. One restroom is ADA-accessible, supporting a practical clinical layout for ongoing professional use.
The property is located at 2744 Southmost Rd. in Brownsville, with visibility along a high-traffic commercial corridor. Approximately 20 parking spaces serve the building, providing on-site parking for staff, patients, and visitors. The existing arrangement combines patient-facing areas with private offices and operational support space within a compact footprint.
The property is located at 2744 Southmost Rd. in Brownsville, with visibility along a high-traffic commercial corridor. Approximately 20 parking spaces serve the building, providing on-site parking for staff, patients, and visitors. The existing arrangement combines patient-facing areas with private offices and operational support space within a compact footprint.
Key Highlights
- 1,848‑square‑foot medical office built in 1998
- Five private treatment or exam rooms with sinks and cabinetry
- Reception and waiting area with a manager’s office, storage, and kitchenette
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
$22,274
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
5.94%
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%
$445,480
$445.5K
Cap Rate 7%
$318,200
$318.2K
Cap Rate 9%
$247,489
$247.5K
Market Conditions
NOI Build-Up for 1,848 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
$39.9K $21.60/SF
− Vacancy
−$2.8K −$1.51/SF
EGI
$37.1K $20.09/SF
− OpEx
−$14.8K −$8.04/SF
NOI
$22.3K $12.05/SF
Area
Brownsville, TX
Vacancy
7.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
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%
$445,480
Cap Rate 7%
$318,200
Cap Rate 9%
$247,489
Alternative Uses
Best Use
Healthcare Medical
$318.2K
$278.4K – $371.2K
NOI $22,274 @ 7.0% cap · market cap 5.94%
Second Best
Office B
$242.4K
$212.1K – $282.8K
NOI $16,965 @ 7.0% cap · market cap 4.52%
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
422
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78526, TX
55,164
Population
18,222
Households
3
Avg Household Size
32
Median Age
29%
College-Educated
79%
High-School Grad
47.4 sq mi
ZIP Area
1,164
Density / Sq Mi
$68,143
Median Household Income
$36,451
Median Earnings
$1,080
Median Rent
$158,300
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.
Frequently Asked Questions
What type of property is this?
Medical Office Space - Established healthcare facility with a reception area, private clinical rooms, support areas, and ADA-accessible restroom.
Where is this medical office space located?
The property is located at 2744 Southmost Rd. Brownsville, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,848‑square‑foot medical office built in 1998; Five private treatment or exam rooms with sinks and cabinetry; Reception and waiting area with a manager’s office, storage, and kitchenette
