Auto Shop Property with Rental
For Sale
$900,000
295 Frontage, Brownsville, TX 78520
Four rental spaces and a large carport support multiple automotive-related income uses.
Property Size4,240 SF
Price / SF$212.26
Days on Market50
Property Features for 295 Frontage
General Information
Standard status
Active
Size
4,240 SF
Building Details
Year Built
1994
Listing Agency:
EXP Realty, LLC
(956) 346-8096
Listed By:
Armando Ibarra · License #0707725
Source:
Accessrealtyrgv
Added: Jul 13
Changed: Aug 29
Last Checked: Aug 30 at 8:00PM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
This automotive property at 295 Frontage in Brownsville includes four lots, four rental spaces, and a large carport area. The carport is currently leased to a mechanic, providing an existing tenant arrangement within the property’s automotive configuration.
Constructed in 1994, the property combines multiple rental spaces with covered area suited to automotive operations. Its location directly off Frontage provides access from the Frontage address.
Constructed in 1994, the property combines multiple rental spaces with covered area suited to automotive operations. Its location directly off Frontage provides access from the Frontage address.
Key Highlights
- Four lots included in the property
- Four rental spaces on site
- 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
Current Use
Location Intelligence
Trade Area within ½ mile
941
Businesses Nearby
140k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 68%
Dining 16%
Shops & Services 15%
Electronics 1%
H-E-B
Groceries
94,426 visits/mo
0.5 miles
Whataburger
Dining
22,376 visits/mo
0.5 miles
Family Dollar
Shops & Services
8,846 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
5,234 visits/mo
0.4 miles
Valero Energy
Shops & Services
4,970 visits/mo
0.2 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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- Car Clinic — 1426 E Madison St, Brownsville, TX 78520
Frequently Asked Questions
What type of property is this?
Auto shop - Four rental spaces and a large carport support multiple automotive-related income uses.
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 included in the property; Four rental spaces on site; Large carport area currently leased to a mechanic
