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    1601 Price Rd Brownsville, TX 78521

    For Lease
    Contact for pricing

    High-visibility, multi-tenant retail center

    Lot size:
    173,421 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    Resaca Village offers a prime retail investment opportunity in Brownsville, Texas. This single-story, 173,421 square foot center boasts a highly desirable location at the signalized intersection of E Price and S Frontage Rd, directly accessible from elevated Highway 83, ensuring exceptional visibility and accessibility. The property is zoned 7C within Cameron County and benefits from a strong tenant mix including national brands such as Planet Fitness, Big Lots, Family Dollar, Guitar Center, Harbor Freight Tools, Jack in the Box, and CSL Plasma, complemented by a selection of regional tenants. This established center provides a stable income stream with the potential for future growth given Brownsville's rapid expansion. The property's prominent location along a major thoroughfare guarantees high traffic counts and significant exposure to a large consumer base. The multi-tenant configuration offers diversification and reduced risk, making it an attractive investment for both seasoned and emerging investors seeking a foothold in the thriving Rio Grande Valley market. The property's size and established tenant base present a compelling opportunity for long-term value appreciation and consistent cash flow. Further details regarding lease terms and financial performance are available upon request.

    Property Features for 1601 Price Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    173,421 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    1627 Resaca Village, Ste A
    Size
    2,100 SF
    Space
    1615 Resaca Village
    Size
    1,600 SF
    Space
    1627 Resaca Village, Ste C
    Size
    4,800 SF

    HighLights

    • 173,421 SF single‑story retail center in Brownsville, TX.
    • Located at the signalized intersection of E Price and S Frontage Rd, with high visibility from Highway 83.
    • Multiple tenancy with national tenants including Planet Fitness, Big Lots, Family Dollar, Guitar Center, Harbor Freight Tools, Jack in the Box, and CSL Plasma, plus regional tenants.
    • Cameron County, zoned 7C.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Guitar Center Music Store Watermill Express Bottled Water Supplier South Texas Vocational ... Vocational School Ground Savage Brazilian ... Martial Arts School La Mansion Banquet ... Banquet Hall

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brownsville
    County
    Cameron
    State
    Texas
    Longitude
    -97.498125766778
    Latitude
    25.937493316483

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    FAQs

    What type of property is this?
    Retail property - High-visibility, multi-tenant retail center
    Where is this retail property located?
    The property is located at 1601 Price Rd Brownsville, TX.
    What are key features of this property?
    This property features: 173,421 SF single-story retail center in Brownsville, TX.; Located at the signalized intersection of E Price and S Frontage Rd, with high visibility from Highway 83.; Multiple tenancy with national tenants including Planet Fitness, Big Lots, Family Dollar, Guitar Center, Harbor Freight Tools, Jack in the Box, and CSL Plasma, plus regional tenants.
    Request Owner's contact information
    1601 Price Rd 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
    1601 Price Rd Brownsville, TX 78521
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