Tire Shop with Service
For Sale
$280,000
4723 SOUTHMOST RD., Brownsville, TX 78521
COMMERCIAL - BROWNSVILLE, TX
Property Size1,040 SF
Lot Size0.17 Acres
Price / SF$269.23
Days on Market157
Property Features for 4723 SOUTHMOST RD.
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
ISLA DE PALMAS
Standard status
Active
Size
1,040 SF
Lot size
0.17 Acres
Building Details
Year built
1985
Floors in Building
1
Listing Agency:
KELLER WILLIAMS LRGV · Keller Williams Realty
(956) 423-8877
Listed By:
Lourdes Gavito-Galonsky
(956) 545-9394
Added: Mar 11
Changed: Aug 4
Last Checked: Aug 14 at 7:06AM
MLS# 29774806
Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. 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.
This commercial property is currently operating as a tire shop and is set up for automotive service and inventory storage. The site includes a 3-bay service garage, a covered carport area for additional vehicles, and a separate warehouse or storage space to support day-to-day operations.
The property is located on Southmost Rd in Brownsville, Texas, and is described as being in a high-traffic Southmost corridor. The listing notes excellent visibility and steady daily traffic.
Zoning is Traditional Neighborhood Corridor (TNC), which the listing indicates supports a variety of commercial and neighborhood-serving uses. The available site size is 0.17 acres, and the property size is listed as 1,040 square feet.
The property is located on Southmost Rd in Brownsville, Texas, and is described as being in a high-traffic Southmost corridor. The listing notes excellent visibility and steady daily traffic.
Zoning is Traditional Neighborhood Corridor (TNC), which the listing indicates supports a variety of commercial and neighborhood-serving uses. The available site size is 0.17 acres, and the property size is listed as 1,040 square feet.
Key Highlights
- High‑traffic location on Southmost Rd provides excellent visibility and customer access.
- Currently operating as a tire shop with a 3‑bay service garage, carport, and warehouse/storage space.
- Zoned Traditional Neighborhood Corridor (TNC) allowing for diverse commercial uses.
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
$9,896
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
3.53%
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%
$197,920
$197.9K
Cap Rate 7%
$141,371
$141.4K
Cap Rate 9%
$109,956
$110.0K
Market Conditions
NOI Build-Up for 1,040 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
$15.0K $14.40/SF
− Vacancy
−$839 −$0.81/SF
EGI
$14.1K $13.59/SF
− OpEx
−$4.2K −$4.08/SF
NOI
$9.9K $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%
$197,920
Cap Rate 7%
$141,371
Cap Rate 9%
$109,956
Alternative Uses
Best Use
Retail
$141.4K
$123.7K – $164.9K
NOI $9,896 @ 7.0% cap · market cap 3.53%
Second Best
Warehouse
$84.4K
$73.9K – $98.5K
NOI $5,908 @ 7.0% cap · market cap 2.11%
Theoretical Best
Healthcare Medical
$179.1K
$156.7K – $208.9K
NOI $12,535 @ 7.0% cap · market cap 4.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Service bays
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
Well-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 Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- AV Towing Brownsville — 5727 Southmost Rd, Brownsville, TX 78521
- AL'Star Towing — 5727 Southmost Rd, Brownsville, TX 78521
- Nemesis Performance — 1500 Calle Milpa Verde, Brownsville, TX 78521
- AV Tire shop — 5719 Southmost Rd, Brownsville, TX 78521
- Al's Tejano Towing L.L.C. — 5727 Southmost Rd, Brownsville, TX 78521
Frequently Asked Questions
What type of property is this?
Auto shop - Operating tire shop includes a 3-bay service garage, covered carport, and separate warehouse/storage space.
Where is this auto shop located?
The property is located at 4723 SOUTHMOST RD. Brownsville, TX.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: High‑traffic location on Southmost Rd provides excellent visibility and customer access.; Currently operating as a tire shop with a 3‑bay service garage, carport, and warehouse/storage space.; Zoned Traditional Neighborhood Corridor (TNC) allowing for diverse commercial uses.
