Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    315 E 12th St Brownsville, TX 78520

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    30,000 SF slab shell space in downtown Brownsville.

    Type:Office
    Property size:
    30,000 SF
    Added:
    Mar 6, 2026
    Days on Market:
    31
    Last Refresh:
    Apr 2 at 1:17 am

    Property Features for 315 E 12th St

    General Information

    Standard status
    Active
    Size
    30,000 SF
    Property subtype
    Office

    Building Details

    Year Built
    1972

    Spaces For Lease

    at 315 E 12th St Contact us

    We can help!

    Listing Contact
    Brad Tyndall

    Listing agent Brad Tyndall

    Listing office

    Listing date Mar 6, 2026

    Source V-re

    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 Brad Tyndall

    Overview

    Downtown Brownsville Slab Shell Space

    The available space is approximately 30,000 square feet of slab shell space. It is located above Ross Dress for Less in the heart of Downtown Brownsville, just north of the US Port of Entry from Matamoros, Mexico. The Matamoros–Brownsville Metropolitan Area has a population of more than 1.3 million, resulting in heavy foot traffic. The landlord is offering the space in as-is shell condition with one full year of abated Base Rent. During the first year, the tenant is responsible for NNN expenses only. Potential uses include government agency offices, educational facilities, dead storage, or traditional office space.
    Location Intelligence

    Current Use by Public Records

    Ross Dress for Less Clothing Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brownsville
    County
    Cameron
    State
    Texas
    Longitude
    -97.4994
    Latitude
    25.9003

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space in Prime Location

      Retail suite with kitchen, storage, and bathrooms available for rent.
      5460 PAREDES LINE RD. unit: 202, BROWNSVILLE, TX 78526
      View Details
    • Contact for pricing

      Medical Space Near Valley Baptist

      2,301 SF medical space adjacent to Valley Baptist Medical Center.
      864 CENTRAL BLVD. unit: 3200, BROWNSVILLE, TX 78520
      View Details
    • Contact for pricing

      Commercial Space in Brownsville, TX

      600 SqFt commercial space suitable for startups and retail.
      2728 BOCA CHICA BLVD., BROWNSVILLE, TX 78521
      View Details
    • Contact for pricing

      Commercial Unit Near City Center

      Prime commercial space near bridge, university, and city hotspots.
      2913 INTERNATIONAL BLVD., BROWNSVILLE, TX 78522
      View Details
    • Contact for pricing

      Prime Commercial Space in Brownsville

      Commercial space available in thriving Cactus Rose Plaza.
      1420 DR. HUGH EMERSON RD. unit: 2, BROWNSVILLE, TX 78526
      View Details
    • Contact for pricing

      Spacious Retail Unit in Brownsville

      Spacious retail unit near downtown Brownsville and Gateway International Bridge.
      1405 E MONROE ST. unit: B, BROWNSVILLE, TX 78520
      View Details
    • $13/mo

      Spacious Office Building in Brownsville

      18,320 SF office building on 2.25 acres for rent.
      1060 Mackintosh Dr, Brownsville, TX 78521
      View Details
    • Contact for pricing

      Commercial Space in Brownsville, TX

      Commercial lease opportunity in a prime Brownsville location.
      2931 INTERNATIONAL BLVD., BROWNSVILLE, TX
      View Details
    • Contact for pricing

      Central Brownsville Office Space Available

      1,350 SF office space in a professional building.
      864 CENTRAL BLVD. unit: 300, BROWNSVILLE, TX 78520
      View Details
    • Contact for pricing

      Medical Office Space with Pool

      4,603 SF medical space with pool near hospital.
      864 CENTRAL BLVD. unit: 3200, BROWNSVILLE, TX 78520
      View Details
    • $13/mo

      Spacious Office Building on Mackintosh

      18,320 SF office building on 2.25 acres with ample parking.
      1060 Mackintosh Dr, Brownsville, TX 78521
      View Details
    • Contact for pricing

      Retail Center Corner Location

      Excellent corner location with great tenant mix in Brownsville.
      5850 RUBEN M TORRES BLVD. unit: B 9 & 10, BROWNSVILLE, TX 78526
      View Details

    FAQs

    What type of property is this?
    Office units - 30,000 SF slab shell space in downtown Brownsville.
    Where is this office units located?
    The property is located at 315 E 12th St Brownsville, TX.
    What are key features of this property?
    This property features: +/- 30,000 SF of shell space in Downtown Brownsville.; One full year of abated Base Rent.; Strategic location in the heart of Downtown Brownsville.
    (940) 381-2220
    We can help!
    Listing Contact
    Brad Tyndall
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!