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    813 Minnesota Ave Brownsville, TX 78521

    For Sale
    $1,999,000

    High-Yield Retail Property in Texas

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 9,810-square-foot retail building, constructed in 2019, is situated on a 1.0920-acre lot in Brownsville, Texas, at 813 Minnesota Ave., zip code 78521. The property boasts a prime location near Brownsville Airport and SpaceX, ensuring high visibility and convenient access. Anchored by a nationally recognized Family Dollar, this property offers the security of a long-term lease with a stable, resilient tenant. The modern design incorporates energy-efficient features, minimizing operational costs. Ample parking is available on the expansive lot, catering to customer needs. This low-maintenance investment presents a reliable source of passive income, further strengthened by the surrounding area's robust retail demand. The asking price is $1,999,000. This represents a rare opportunity for investors seeking a long-term, stable asset in a high-growth area. The property's strategic location and strong tenant make it an attractive addition to any investment portfolio.

    Property Features for 813 Minnesota Ave

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    2019

    HighLights

    • $1,999,000 asking price.
    • 9,810‑square‑foot retail building.
    • Built in 2019.
    • Located at 813 Minnesota Ave., Brownsville, TX 78521.
    • Anchored by Family Dollar.
    • Situated on 1.092 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Family Dollar Dollar Store

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brownsville
    County
    CAMERON
    State
    Texas
    Longitude
    -97.4323012
    Latitude
    25.9244539

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    FAQs

    What type of property is this?
    Retail property - High-Yield Retail Property in Texas
    Where is this retail property located?
    The property is located at 813 Minnesota Ave Brownsville, TX.
    What is the asking price?
    The asking price for this property is $1,999,000.
    What are key features of this property?
    This property features: $1,999,000 asking price.; 9,810-square-foot retail building.; Built in 2019.
    Request Owner's contact information
    813 Minnesota Ave Brownsville, TX 78521
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    Brownsville, TX 78521
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    813 Minnesota Ave Brownsville, TX 78521
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