Retail Building with Loading
For Sale
$1,600,000
2814 International Blvd, Brownsville, TX 78521
Neighborhood grocery currently operating with large parking and a loading dock for shipping and receiving.
Property Size17,365 SF
Price / SF$92.14
Days on Market367
Property Features for 2814 International Blvd
General Information
Standard status
Active
Size
17,365 SF
Property subtype
General Commercial
Amenities
Central Air
3
EAST BROWNSVILLE
100 Parking Spaces. Handicap Parking.
Exterior Lighting, Security Lighting. Close to Bus Line.
Building Details
Year Built
1989
Stories
2
Listing Agency:
RE/MAX Alamo Realty
(210) 682-9898
Listed By:
Ernesto Gonzalez · License #658200
(210) 607-4689
Source:
Xome
Added: Sep 4, 2025
Changed: Sep 1
Last Checked: Sep 5 at 4:07AM
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 Alamo Realty
Investment Insights
Based on property information with market context.
This retail property is currently in business as A & V Lopez Supermarket. The building includes a warehouse area toward the back along with second-floor offices, supporting both retail operations and flexible back-of-house use. A large parking lot and loading dock are in place for shipping and receiving. The property also states it can be used for retail, medical, industrial, educational, or office purposes.
Located at 2814 International Blvd in Brownsville, TX, the site is positioned for major exposure along International Boulevard.
For buyers seeking redevelopment or adaptive reuse, the existing layout combines customer-oriented retail space with warehouse/storage space and office rooms on the second floor, with loading access built in.
Located at 2814 International Blvd in Brownsville, TX, the site is positioned for major exposure along International Boulevard.
For buyers seeking redevelopment or adaptive reuse, the existing layout combines customer-oriented retail space with warehouse/storage space and office rooms on the second floor, with loading access built in.
Key Highlights
- Retail property built in 1989 with large parking lot and loading dock for shipping and receiving
- Neighborhood grocery currently operating (A & V Lopez Supermarket)
- On‑site features include exterior lighting, security lighting, and close access to a bus line
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
$98,650
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
6.17%
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%
$1,973,000
$2.0M
Cap Rate 7%
$1,409,286
$1.4M
Cap Rate 9%
$1,096,111
$1.1M
Market Conditions
NOI Build-Up for 17,365 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
$122.9K $7.08/SF
− Vacancy
−$6.9K −$0.40/SF
EGI
$116.1K $6.68/SF
− OpEx
−$17.4K −$1.00/SF
NOI
$98.7K $5.68/SF
Area
Brownsville, TX
Vacancy
5.60%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
15.00%
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%
$1,973,000
Cap Rate 7%
$1,409,286
Cap Rate 9%
$1,096,111
Alternative Uses
Best Use
Specialty Retail
$2.53M
$2.21M – $2.95M
NOI $177,040 @ 7.0% cap · market cap 11.07%
Second Best
Retail
$2.36M
$2.07M – $2.75M
NOI $165,237 @ 7.0% cap · market cap 10.33%
Theoretical Best
Healthcare Medical
$2.99M
$2.62M – $3.49M
NOI $209,297 @ 7.0% cap · market cap 13.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
687
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78521, TX
88,708
Population
29,576
Households
3
Avg Household Size
32
Median Age
15%
College-Educated
62%
High-School Grad
93.7 sq mi
ZIP Area
947
Density / Sq Mi
$41,276
Median Household Income
$24,781
Median Earnings
$864
Median Rent
$90,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Tortilleria La Frontera — 1302 E 14th St, Brownsville, TX 78520
- A&V Lopez Supermarket, Inc — 2814 International Blvd, Brownsville, TX 78521
- G-Mart — 2865 Southmost Rd Ste 5, Brownsville, TX 78521
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Neighborhood grocery currently operating with large parking and a loading dock for shipping and receiving.
Where is this grocery and convenience store located?
The property is located at 2814 International Blvd Brownsville, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Retail property built in 1989 with large parking lot and loading dock for shipping and receiving; Neighborhood grocery currently operating (A & V Lopez Supermarket); On‑site features include exterior lighting, security lighting, and close access to a bus line
