Conventional Restaurant
For Sale
$165,000
3307 Dakota Avenue, Brownsville, TX 78521
Compact commercial space with paved parking, walk-up visibility, and proximity to Lopez High School and a daycare.
Property Size800 SF
Price / SF$206.25
Days on Market376
Property Features for 3307 Dakota Avenue
General Information
Standard status
Active
Size
800 SF
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$940
Amenities
3
10 Parking Spaces. Paved Driveway.
City Road.
Building Details
Year Built
2002
Listing Agency:
(956) 459-0171
Listed By:
Coldwell Banker La Mansion
(956) 459-0171
Source:
Xome
Added: Aug 22, 2025
Changed: Aug 31
Last Checked: Sep 1 at 4:04PM
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 Coldwell Banker La Mansion
Investment Insights
Based on property information with market context.
This 800-square-foot conventional restaurant building was constructed in 2002 and offers a compact format for food service or light retail operations. The property includes 10 parking spaces, a paved driveway, and access from a city road. Its size may suit a focused service concept such as a snack bar, coffee kiosk, or similar small-format business, as described for the property.
The building is located at 3307 S Dakota Avenue in Brownsville, near Lopez High School, a daycare, and established residential neighborhoods. Its position near schools and family-oriented services places the site within an area serving students, parents, and nearby residents. Walk-up visibility and pedestrian activity are also identified as property characteristics.
The building is located at 3307 S Dakota Avenue in Brownsville, near Lopez High School, a daycare, and established residential neighborhoods. Its position near schools and family-oriented services places the site within an area serving students, parents, and nearby residents. Walk-up visibility and pedestrian activity are also identified as property characteristics.
Key Highlights
- 800‑square‑foot conventional restaurant building
- Constructed in 2002
- 10 parking spaces with paved driveway
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
$8,156
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
4.94%
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%
$163,120
$163.1K
Cap Rate 7%
$116,514
$116.5K
Cap Rate 9%
$90,622
$90.6K
Market Conditions
NOI Build-Up for 800 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
$11.5K $14.40/SF
− Vacancy
−$645 −$0.81/SF
EGI
$10.9K $13.59/SF
− OpEx
−$2.7K −$3.40/SF
NOI
$8.2K $10.20/SF
Area
Brownsville, TX
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
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%
$163,120
Cap Rate 7%
$116,514
Cap Rate 9%
$90,622
Alternative Uses
Best Use
Specialty Retail
$116.5K
$102.0K – $135.9K
NOI $8,156 @ 7.0% cap · market cap 4.94%
Second Best
Retail
$108.7K
$95.2K – $126.9K
NOI $7,612 @ 7.0% cap · market cap 4.61%
Theoretical Best
Healthcare Medical
$137.7K
$120.5K – $160.7K
NOI $9,642 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
58
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 Retail 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?
Conventional restaurant - Compact commercial space with paved parking, walk-up visibility, and proximity to Lopez High School and a daycare.
Where is this conventional restaurant located?
The property is located at 3307 Dakota Avenue Brownsville, TX.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 800‑square‑foot conventional restaurant building; Constructed in 2002; 10 parking spaces with paved driveway
