Corner Storefront Retail
For Sale
Contact for pricing
533 East 12th Street, Brownsville, TX 78520
Flexible commercial space near Market Square with potential for retail, restaurant, gallery, or office use.
Property Size1,412 SF
Price / SF$152.27
Days on Market78
Property Features for 533 East 12th Street
General Information
Standard status
Active
Size
1,412 SF
Property subtype
Retail
Additional Details
Corner Location
Yes
Building Details
Year Built
1998
Units
1
Listing Agency:
GRT Realty
Listed By:
Christopher Gonzalez · License #TREC # 0714282
Source:
Crexi
Added: Jul 22
Changed: Oct 3
Last Checked: Oct 7 at 12:06PM
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 GRT Realty
Investment Insights
Based on property information with market context.
This 1,412-square-foot storefront property provides a commercial space that can be adapted for retail, restaurant, gallery, or office use. The building was constructed in 1998 and occupies a corner position, offering a straightforward starting point for a range of commercial concepts.
The property is located at 533 East 12th Street in Brownsville, Texas, one block from Market Square. Its downtown setting places the space among nearby attractions and established pedestrian activity, adding location context for businesses seeking a central storefront presence.
The property is located at 533 East 12th Street in Brownsville, Texas, one block from Market Square. Its downtown setting places the space among nearby attractions and established pedestrian activity, adding location context for businesses seeking a central storefront presence.
Key Highlights
- 1,412 SF commercial storefront space
- Corner property in downtown Brownsville
- One block from Market Square
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,436
Cap Rate
6.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,720
$268.7K
Cap Rate 7%
$191,943
$191.9K
Cap Rate 9%
$149,289
$149.3K
Market Conditions
NOI Build-Up for 1,412 SF
Gross rent
$20.3K $14.40/SF
− Vacancy
−$1.1K −$0.81/SF
EGI
$19.2K $13.59/SF
− OpEx
−$5.8K −$4.08/SF
NOI
$13.4K $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%
$268,720
Cap Rate 7%
$191,943
Cap Rate 9%
$149,289
Alternative Uses
Best Use
Retail
$191.9K
$168.0K – $223.9K
NOI $13,436 @ 7.0% cap · market cap 6.25%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$243.1K
$212.7K – $283.7K
NOI $17,019 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,565
Businesses Nearby
110k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 34%
Apparel 26%
McDonald's
Dining
26,274 visits/mo
0.4 miles
Ross Dress for Less
Apparel
24,319 visits/mo
0.2 miles
Wells Fargo
Shops & Services
15,000 visits/mo
0.3 miles
Stripes
Shops & Services
11,560 visits/mo
0.5 miles
Dollar Tree
Shops & Services
10,206 visits/mo
0.2 miles
Demographics for 78520, TX
64,949
Population
22,543
Households
2.9
Avg Household Size
34
Median Age
23%
College-Educated
69%
High-School Grad
39.7 sq mi
ZIP Area
1,636
Density / Sq Mi
$47,331
Median Household Income
$27,529
Median Earnings
$842
Median Rent
$129,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
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- Classic Flowers & Gifts — 517 W Elizabeth St, Brownsville, TX 78520
Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial space near Market Square with potential for retail, restaurant, gallery, or office use.
Where is this storefront property located?
The property is located at 533 East 12th Street Brownsville, TX.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 1,412 SF commercial storefront space; Corner property in downtown Brownsville; One block from Market Square
