Building Details

Year built 1985

Floors in Building 1

Listing Agency: KELLER WILLIAMS LRGV · Keller Williams Realty k***@kw.com Show Phone

Listed By: Lourdes Gavito-Galonsky Show Phone

Added: Mar 11 Changed: Oct 5 Last Checked: Oct 7 at 6:06AM

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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 auto service property includes a 3-bay garage, a covered carport area for vehicles, and a separate warehouse/storage space. The property measures 1,040 square feet on a 0.17-acre site and was built in 1985.

Located at 4723 Southmost Rd. in Brownsville, the site is zoned Traditional Neighborhood Corridor (TNC).

Key Highlights

• Three‑bay service garage
• Separate warehouse/storage area
• Covered carport area for vehicles

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$9,896

Cap Rate

3.53%

Suggested Prices Based on Cap Rates

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

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 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 (±1% cap)

NOI $9,896 @ 7.0% cap · market cap 3.53%

Second Best

Warehouse

$84.4K

$73.9K – $98.5K (±1% cap)

NOI $5,908 @ 7.0% cap · market cap 2.11%

Theoretical Best

Healthcare Medical

$179.1K

$156.7K – $208.9K (±1% cap)

NOI $12,535 @ 7.0% cap · market cap 4.48%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Vargas Tire & Services Auto Parts Store

Suggested Use

Top Pick Law Firm Spa & Massage Center Big Box & Wholesale Store Pharmacy Skin Care Clinic HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3

Service bays

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

254

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

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this auto shops located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Auto shop - A covered vehicle area and separate storage space complement the service garage.

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: Three‑bay service garage; Separate warehouse/storage area; Covered carport area for vehicles