Self-Storage Facility with Collision
For Sale
$2,500,000
3800 Paredes Line Road, Brownsville, TX 78526
COMMERCIAL - Brownsville, TX
Property Size35,378 SF
Lot Size5.09 Acres
Price / SF$70.67
Days on Market226
Property Features for 3800 Paredes Line Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RC
Parking
9
Parking features
Covered
Security features
Security Lighting
Exterior features
Storage, Motorized Gate, Workshop
Fencing
Gate
Accessibility
Accessible Approach with Ramp
Appliances
Electric Water Heater, Water Heater (Other Location)
Subdivision
Espiritu Santo Grant Share
Directions
https://maps.app.goo.gl/Q7UCNDsWD9yXHMH86 Head southeast on Frontage Rd/North Expy. Use the left 2 lanes to turn left onto Morrison Rd. Turn right onto Paredes Line Rd. Destination will be on the left
Standard status
Active
APN
166537
Size
35,378 SF
Lot size
5.09 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
40198
Utilities
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Amenities
storage units
collision center
paint shop
residential apartment
Building Details
Year built
2007
Floors in Building
2
Building materials
Brick, Stone, Stucco
Roof type
Shingle
Additional Structures
Storage, Workshop
Listing Agency:
RE/MAX elite · RE/MAX International
(956) 583-2100
Listed By:
Cecilia Gonzales · License #767526
(956) 854-1444
Added: Dec 30, 2025
Changed: Aug 13
Last Checked: Aug 13 at 8:06AM
MLS# 461607
Copyright © 2026 Greater McAllen Association of Realtors. 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.
Self-storage facility on 5.086 acres, built in 2007, offering over 200 storage units along with an operating Collision Center with a paint shop. The site includes motorized gate access, fencing with a gate, and a workshop component, with covered parking on site. The downstairs storage office is configured with two offices, one bathroom, and one reception area. A residential apartment is located on the second story above the office, with two bedrooms, one bathroom, and two living areas. Cooling includes central air and electric, and heating includes electric and central. The roof is shingle, and exterior materials include brick, stone, and stucco.
The property is located at 3800 Paredes Line Road in Brownsville, Texas, on Paredes Ln, a significant thoroughfare with approximate daily traffic of 35,000. Nearby and surrounding business activity includes HEB, Maximus Call Center, and IDEA Brownsville across from the property. The remarks also cite proximity to the expressway (about 10 minutes) and Space X (about 40 minutes).
In addition to the storage operation and collision center, the property is also operating a U-Haul franchise from this location.
The property is located at 3800 Paredes Line Road in Brownsville, Texas, on Paredes Ln, a significant thoroughfare with approximate daily traffic of 35,000. Nearby and surrounding business activity includes HEB, Maximus Call Center, and IDEA Brownsville across from the property. The remarks also cite proximity to the expressway (about 10 minutes) and Space X (about 40 minutes).
In addition to the storage operation and collision center, the property is also operating a U-Haul franchise from this location.
Key Highlights
- Over 200 storage units
- Operating Collision Center with paint shop
- U‑Haul franchise operating from the location
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
$200,982
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
8.04%
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%
$4,019,640
$4.0M
Cap Rate 7%
$2,871,171
$2.9M
Cap Rate 9%
$2,233,133
$2.2M
Market Conditions
NOI Build-Up for 35,378 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
$250.5K $7.08/SF
− Vacancy
−$14.0K −$0.40/SF
EGI
$236.4K $6.68/SF
− OpEx
−$35.5K −$1.00/SF
NOI
$201.0K $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%
$4,019,640
Cap Rate 7%
$2,871,171
Cap Rate 9%
$2,233,133
Alternative Uses
Best Use
Retail
$4.81M
$4.21M – $5.61M
NOI $336,640 @ 7.0% cap · market cap 13.47%
Second Best
Self Storage
$4.69M
$4.10M – $5.47M
NOI $328,081 @ 7.0% cap · market cap 13.12%
Theoretical Best
Healthcare Medical
$6.09M
$5.33M – $7.11M
NOI $426,404 @ 7.0% cap · market cap 17.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
35,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
Explore this area
Business Placement
Demographics for 78526, TX
55,164
Population
18,222
Households
3
Avg Household Size
32
Median Age
29%
College-Educated
79%
High-School Grad
47.4 sq mi
ZIP Area
1,164
Density / Sq Mi
$68,143
Median Household Income
$36,451
Median Earnings
$1,080
Median Rent
$158,300
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.
Frequently Asked Questions
What type of property is this?
Self storage facility - Self-storage facility with over 200 units, an operating collision center, and motorized gate access, zoned RC.
Where is this self storage facility located?
The property is located at 3800 Paredes Line Road Brownsville, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Over 200 storage units; Operating Collision Center with paint shop; U‑Haul franchise operating from the location
