Retail Suite with On-Site
New
For Sale
Contact for pricing
7470 Padre Island Highway Unit 140, Brownsville, TX 78521
The suite sits along Padre Island Highway and includes on-site parking.
Property Size1,200 SF
Price / SF$2.08
Days on Market2
Property Features for 7470 Padre Island Highway Unit 140
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Year Built
2005
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 4:02PM
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 SANETI REALTY GROUP
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit 140 is a retail space at 7470 Padre Island Highway in Brownsville. The property was built in 2005 and includes on-site parking.
Its frontage along Padre Island Highway places the space within a corridor described as having established businesses and ongoing commercial growth.
Its frontage along Padre Island Highway places the space within a corridor described as having established businesses and ongoing commercial growth.
Key Highlights
- Unit 140 at 7470 Padre Island Highway in Brownsville
- Built in 2005
- On‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,419
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,380
$228.4K
Cap Rate 7%
$163,129
$163.1K
Cap Rate 9%
$126,878
$126.9K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$17.3K $14.40/SF
− Vacancy
−$968 −$0.81/SF
EGI
$16.3K $13.59/SF
− OpEx
−$4.9K −$4.08/SF
NOI
$11.4K $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%
$228,380
Cap Rate 7%
$163,129
Cap Rate 9%
$126,878
Alternative Uses
Best Use
Retail
$163.1K
$142.7K – $190.3K
NOI $11,419 @ 7.0% cap · market cap 456.76%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$206.6K
$180.8K – $241.1K
NOI $14,463 @ 7.0% cap · market cap 578.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
201k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 43%
Apparel 3%
Electronics 2%
McDonald's
Dining
31,867 visits/mo
0.1 miles
Whataburger
Dining
26,620 visits/mo
0.1 miles
Dollar Tree
Shops & Services
19,003 visits/mo
0.2 miles
Murphy USA
Shops & Services
16,952 visits/mo
0.1 miles
Sunoco
Shops & Services
14,724 visits/mo
0.1 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The suite sits along Padre Island Highway and includes on-site parking.
Where is this retail space located?
The property is located at 7470 Padre Island Highway Unit 140 Brownsville, TX.
What are key features of this property?
This property features: Unit 140 at 7470 Padre Island Highway in Brownsville; Built in 2005; On‑site parking
