744 E Washington St, Brownsville, TX 78520
Mixed-use properties
- Added:
- Apr 17, 2025
- Days on Market:
- 424
- Last Refresh:
- May 12 at 11:30 pm
Property Features for 744 E Washington St
General Information
- Standard status
- Active
- Size
- 19,690 SF
- Property subtype
- Mixed Use, Office, Retail, Special Purpose
Building Details
- Year Built
- 1993
Listing agent CYNTHIA HOPKINS License #0508052
Listing office Cindy Hopkins Commercial Real Estate
Listing date Apr 17, 2025
Source Crexi
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 Cindy Hopkins Commercial Real Estate
HighLights
- Located in the heart of Brownsville's evolving Downtown District.
- Up to 19,000 SF available for lease.
- All glass fronts provide outstanding street presence.
- Proximity to Cameron County Courthouse, City of Brownsville, UTRGV, and Entertainment Districts.
- Rear loading dock, elevator, second floor storage, and covered parking.
- Spaces can be subdivided to a maximum 90' depth with ceiling height exceeding 18'.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $354.4k | $18.00 |
| − Vacancy | −$35.4k | −$1.80 |
| EGI | $319.0k | $16.20 |
| − OpEx | −$119.6k | −$6.07 |
| NOI | $199.4k | $10.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brownsville
- County
- Cameron
- State
- Texas
- Longitude
- -97.512273
- Latitude
- 25.915654