Retail
New
For Sale
Contact for pricing
950 E Levee Street, Brownsville, TX 78520
The retail property was built in 1970.
Property Size4,000 SF
Price / SF$1.70
Days on Market2
Property Features for 950 E Levee Street
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Commercial
Building Details
Year Built
1970
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 1:43AM
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.
This retail property contains 4,000 square feet of space and dates to 1970. Its classification supports retail use.
Key Highlights
- 4,000 square feet of retail space
- Built in 1970
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,062
Suggested Prices Based on Cap Rates
Cap Rate 5%
$761,240
$761.2K
Cap Rate 7%
$543,743
$543.7K
Cap Rate 9%
$422,911
$422.9K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$57.6K $14.40/SF
− Vacancy
−$3.2K −$0.81/SF
EGI
$54.4K $13.59/SF
− OpEx
−$16.3K −$4.08/SF
NOI
$38.1K $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%
$761,240
Cap Rate 7%
$543,743
Cap Rate 9%
$422,911
Alternative Uses
Best Use
Retail
$543.7K
$475.8K – $634.4K
NOI $38,062 @ 7.0% cap · market cap 559.74%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$688.7K
$602.6K – $803.5K
NOI $48,211 @ 7.0% cap · market cap 708.99%
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
Location Intelligence
Trade Area within ½ mile
693
Businesses Nearby
45k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Groceries 35%
Dining 9%
La Michoacana Meat Market
Groceries
15,766 visits/mo
0.1 miles
Exxon
Shops & Services
9,816 visits/mo
0.1 miles
Family Dollar
Shops & Services
7,716 visits/mo
0.2 miles
Church's Chicken
Dining
3,954 visits/mo
0.2 miles
AutoZone
Shops & Services
3,108 visits/mo
0.2 miles
Demographics for 78520, TX
64,949
Population
22,543
Households
2.9
Avg Household Size
34
Median Age
23%
College-Educated
69%
High-School Grad
39.7 sq mi
ZIP Area
1,636
Density / Sq Mi
$47,331
Median Household Income
$27,529
Median Earnings
$842
Median Rent
$129,200
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 retail property was built in 1970.
Where is this retail space located?
The property is located at 950 E Levee Street Brownsville, TX.
What are key features of this property?
This property features: 4,000 square feet of retail space; Built in 1970
