Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Industrial Cir Brownsville, TX 78526

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New construction warehouse in North Brownsville Industrial Park, available March 2025.

    Type:Industrial
    Property size:
    43,000 SF
    Added:
    Jul 15, 2023
    Days on Market:
    1006
    Last Refresh:
    Mar 17 at 1:19 pm

    Property Features for Industrial Cir

    General Information

    Standard status
    Active
    Size
    43,000 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2024

    Spaces For Lease

    at Industrial Cir Contact us

    We can help!

    Listing Contact
    Alejandro Garza, MPSRE, CCIM

    Listing agent Alejandro Garza, MPSRE, CCIM License #TREC # 0613334

    Listing office ICO Real Estate Advisors, LLC

    Listing date Jul 15, 2023

    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 ICO Real Estate Advisors, LLC

    Overview

    New Multi-Tenant Warehouse For Rent

    A new construction multi-tenant warehouse offering 43,000 square feet is available for rent in the North Brownsville Industrial Park. The scheduled delivery date is March 2025.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Map

    City
    Brownsville
    County
    Cameron
    State
    Texas
    Longitude
    -97.3751
    Latitude
    25.9487

    Nearby Similar for Lease

    • Contact for pricing

      Move-in Ready Office Building

      Office building near Cameron County Courthouse, move-in ready.
      1002 E TAYLOR ST, BROWNSVILLE, TX 78520
      View Details
    • Contact for pricing

      Commercial Space in Brownsville, TX

      600 SqFt commercial space suitable for startups and retail.
      2728 BOCA CHICA BLVD., BROWNSVILLE, TX 78521
      View Details
    • Contact for pricing

      Commercial Unit Near City Center

      Prime commercial space near bridge, university, and city hotspots.
      2913 INTERNATIONAL BLVD., BROWNSVILLE, TX 78522
      View Details
    • Contact for pricing

      Prime Commercial Space in Brownsville

      Commercial space available in thriving Cactus Rose Plaza.
      1420 DR. HUGH EMERSON RD. unit: 2, BROWNSVILLE, TX 78526
      View Details
    • Contact for pricing

      Spacious Retail Unit in Brownsville

      Spacious retail unit near downtown Brownsville and Gateway International Bridge.
      1405 E MONROE ST. unit: B, BROWNSVILLE, TX 78520
      View Details
    • $13/mo

      Spacious Office Building in Brownsville

      18,320 SF office building on 2.25 acres for rent.
      1060 Mackintosh Dr, Brownsville, TX 78521
      View Details
    • Contact for pricing

      Commercial Space in Brownsville, TX

      Commercial lease opportunity in a prime Brownsville location.
      2931 INTERNATIONAL BLVD., BROWNSVILLE, TX
      View Details
    • $13/mo

      Spacious Office Building on Mackintosh

      18,320 SF office building on 2.25 acres with ample parking.
      1060 Mackintosh Dr, Brownsville, TX 78521
      View Details
    • Contact for pricing

      Retail Center Corner Location

      Excellent corner location with great tenant mix in Brownsville.
      5850 RUBEN M TORRES BLVD. unit: B 9 & 10, BROWNSVILLE, TX 78526
      View Details
    • $18/mo

      Downtown Retail or Office Space

      Versatile 4,000 SF space in central downtown location.
      934 E Levee St, Brownsville, TX
      View Details
    • Contact for pricing

      Downtown Brownsville Slab Shell Space

      30,000 SF slab shell space in downtown Brownsville.
      315 E 12th St, Brownsville, TX 78520
      View Details
    • Contact for pricing

      Retail Space in Brownsville, TX

      7,000 sq ft retail space for rent.
      2223 Central Blvd, Brownsville, TX
      View Details

    FAQs

    What type of property is this?
    Warehouse - New construction warehouse in North Brownsville Industrial Park, available March 2025.
    Where is this warehouse located?
    The property is located at Industrial Cir Brownsville, TX.
    What are key features of this property?
    This property features: New construction warehouse built in 2024; 43,000 SF multi‑tenant space; Located in North Brownsville Industrial Park
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Alejandro Garza, MPSRE, CCIM
    Real Estate License ID: TREC # 0613334
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!