Auto Shop with Four Rental
For Sale
$900,000
295 FRONTAGE, Brownsville, TX 78520
COMMERCIAL - BROWNSVILLE, TX
Property Size4,240 SF
Lot Size0.06 Acres
Price / SF$212.26
Days on Market648
Property Features for 295 FRONTAGE
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
EBONY HGTS
Standard status
Active
Size
4,240 SF
Lot size
0.06 Acres
Amenities
carport area
Building Details
Year built
1994
Floors in Building
1
Listing Agency:
EXP Realty, LLC
(888) 519-7431
Listed By:
Armando Ibarra · License #0707725
(956) 346-8096
Added: Nov 13, 2024
Changed: Aug 4
Last Checked: Aug 23 at 12:06AM
MLS# 29760963
Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This auto shop property includes four lots located directly off frontage and features four rental spaces, along with a large carport area that is currently leased to a mechanic. The site totals 0.0576 acres and has an identified property size of 4,240 SF.
The building was constructed in 1994, and the property’s layout is oriented around the frontage access and the on-site rental spaces.
The combination of multiple rental spaces and a leased carport area offers a straightforward setup for an operator or investor looking for income-producing garage-style space in a compact footprint.
The building was constructed in 1994, and the property’s layout is oriented around the frontage access and the on-site rental spaces.
The combination of multiple rental spaces and a leased carport area offers a straightforward setup for an operator or investor looking for income-producing garage-style space in a compact footprint.
Key Highlights
- Four lots located directly off frontage
- Four rental spaces
- Large carport area currently leased to a mechanic
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
$40,346
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
4.48%
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%
$806,920
$806.9K
Cap Rate 7%
$576,371
$576.4K
Cap Rate 9%
$448,289
$448.3K
Market Conditions
NOI Build-Up for 4,240 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
$61.1K $14.40/SF
− Vacancy
−$3.4K −$0.81/SF
EGI
$57.6K $13.59/SF
− OpEx
−$17.3K −$4.08/SF
NOI
$40.3K $9.52/SF
Area
Brownsville, TX
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
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%
$806,920
Cap Rate 7%
$576,371
Cap Rate 9%
$448,289
Alternative Uses
Best Use
Retail
$576.4K
$504.3K – $672.4K
NOI $40,346 @ 7.0% cap · market cap 4.48%
Second Best
Industrial
$283.4K
$248.0K – $330.6K
NOI $19,837 @ 7.0% cap · market cap 2.20%
Theoretical Best
Healthcare Medical
$730.1K
$638.8K – $851.7K
NOI $51,104 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,275
Businesses Nearby
174k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 35%
Groceries 8%
Electronics 1%
McDonald's
Dining
32,755 visits/mo
0.4 miles
H-E-B Fuel
Shops & Services
22,783 visits/mo
0.4 miles
Whataburger
Dining
19,851 visits/mo
0.5 miles
Chase Bank
Shops & Services
15,504 visits/mo
0.4 miles
Spec's
Groceries
14,577 visits/mo
0.4 miles
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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Auto shop - Four rental spaces plus a large carport area leased to a mechanic on a small, frontage-connected lot.
Where is this auto shop located?
The property is located at 295 FRONTAGE Brownsville, TX.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Four lots located directly off frontage; Four rental spaces; Large carport area currently leased to a mechanic
