Freestanding Retail
For Sale
$1,600,000
813 N Minnesota Ave, Brownsville, TX 78521
Commercial Sale, Brownsville, TX
Property Size9,810 SF
Lot Size1.09 Acres
Price / SF$163.10
Days on Market30
Property Features for 813 N Minnesota Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Security features
Security System
Subdivision
BROWNSVILLE G2K FAMILY DOLLAR
Lot features
Sprinklers In Front
Directions
Go east on Ruben M. Torres Blvd., turn right on Minnesota Ave., pass Padre Island Hwy. and Coffee Port Rd. The property will be on your right.
Standard status
Active
APN
425987
Size
9,810 SF
Lot size
1.09 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
31136
Utilities
Heating system
Electric (Heating)
Amenities
handicap access
security system
inside storage
display windows
landscaped grounds
sidewalks
Building Details
Year built
2019
Building materials
Stucco, Aluminum
Roof type
Metal
Listing Agency:
COLDWELL BANKER LA MANSION RESIDENTIAL REAL ESTATE
(956) 504-2727
Listed By:
Hortencia Villarreal · License #0603001
(956) 541-8300
Added: Sep 10
Changed: Oct 8
Last Checked: Oct 9 at 3:06AM
MLS# 12017570
Copyright © 2026 My State MLS. 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.
Built in 2019, this freestanding retail building contains 9,810 square feet on a 47,567-square-foot parcel. Stucco and aluminum siding, a metal roof, display windows, and a pole sign define the exterior. Interior and site features include storage, handicap access, fire sprinklers, a security system, landscaped grounds, sidewalks, and 33 paved parking spaces.
Family Dollar, a national retailer, leases the property on an NNN basis through March 31, 2030. The building is located at 813 N Minnesota Ave in Brownsville, Texas.
Family Dollar, a national retailer, leases the property on an NNN basis through March 31, 2030. The building is located at 813 N Minnesota Ave in Brownsville, Texas.
Key Highlights
- 9,810 square feet of retail space
- 47,567‑square‑foot lot, or 1.092 acres
- Leased to Family Dollar through March 31, 2030, on an NNN basis
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,347
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,866,940
$1.9M
Cap Rate 7%
$1,333,529
$1.3M
Cap Rate 9%
$1,037,189
$1.0M
Market Conditions
NOI Build-Up for 9,810 SF
Gross rent
$141.3K $14.40/SF
− Vacancy
−$7.9K −$0.81/SF
EGI
$133.4K $13.59/SF
− OpEx
−$40.0K −$4.08/SF
NOI
$93.3K $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%
$1,866,940
Cap Rate 7%
$1,333,529
Cap Rate 9%
$1,037,189
Alternative Uses
Best Use
Retail
$1.33M
$1.17M – $1.56M
NOI $93,347 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.69M
$1.48M – $1.97M
NOI $118,238 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
9,142 visits/mo
0.4 miles
Family Dollar
Shops & Services
6,602 visits/mo
0.0 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
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Frequently Asked Questions
What type of property is this?
Storefront property - Family Dollar occupies the building under an NNN lease that runs through March 31, 2030.
Where is this storefront property located?
The property is located at 813 N Minnesota Ave Brownsville, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 9,810 square feet of retail space; 47,567‑square‑foot lot, or 1.092 acres; Leased to Family Dollar through March 31, 2030, on an NNN basis
