Mixed-Use Income
4245 SOUTHMOST RD. Brownsville, TX 78521
For Sale
$750,000
Refurbished two-story building with three units, including two-bedroom, one-bedroom, and a 1,600-sqft office/retail space.
Property Size3,250 SF
Price / SF$230.77
Days on Market1777
Property Features for 4245 SOUTHMOST RD.
General Information
- Standard status
- Active
- Size
- 3,250 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1995
Listing Agency:
RGV Realty, LLC
(956) 639-1362
Listed By:
Luis Velasco · License #0435205
(956) 639-1362
Source:
Xome
Added: Sep 11, 2021
Changed: Jul 22
Last Checked: Jul 23 at 4:18AM
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 RGV Realty, LLC
Investment Insights
Based on property information with market context.
This refurbished two-story income building offers three apartments plus a large interior space currently described as suitable for office, retail, or a party place. The upper level includes one apartment with two bedrooms and one bathroom, along with an additional one-bedroom unit. The remaining 1,600-square-foot space is positioned as flexible for office or retail-oriented use, and the property is presented as “like new.”
The building totals 5,000 square feet and is offered for sale. The seller indicates owner financing is available with a $200,000 down payment.
The building totals 5,000 square feet and is offered for sale. The seller indicates owner financing is available with a $200,000 down payment.
Key Highlights
- Refurbished two‑story building built in 1995 with 3 total units plus a 1,600 SF office/retail/party space
- Unit mix includes two 2‑bedroom, 1‑bath units and one 1‑bedroom unit
- Total building size: 5,000 SF
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.8k | $14.40 |
| − Vacancy | −$2.6k | −$0.81 |
| EGI | $44.2k | $13.59 |
| − OpEx | −$13.3k | −$4.08 |
| NOI | $30.9k | $9.52 |
3,250 SF · lease $14.40/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$441.8K
$386.6K – $515.4K
NOI $30,925 @ 7.0% cap · market cap 4.12%
Second Best
Office B
$426.2K
$372.9K – $497.3K
NOI $29,835 @ 7.0% cap · market cap 3.98%
Theoretical Best
Healthcare Medical
$559.6K
$489.7K – $652.9K
NOI $39,172 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Maiky's Party Place
Event Planning
FAQs
What type of property is this?
Triplex - Refurbished two-story building with three units, including two-bedroom, one-bedroom, and a 1,600-sqft office/retail space.
Where is this triplex located?
The property is located at 4245 SOUTHMOST RD. Brownsville, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Refurbished two‑story building built in 1995 with 3 total units plus a 1,600 SF office/retail/party space; Unit mix includes two 2‑bedroom, 1‑bath units and one 1‑bedroom unit; Total building size: 5,000 SF
