Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3060 Fm 802 Brownsville, TX 78526
    Property profile & analytics

    3060 Fm 802 Brownsville, TX 78526

    View on Map
    • Warehouses
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 3060 Fm 802

    Year built
    2018
    Property type
    Warehouses
    Property subtype
    Office Spaces

    Description

    This exceptional commercial property, located at 3060 FM 802 in Brownsville, Texas, presents a unique investment opportunity. Built in 2018, the property sits on a lot exceeding half an acre, providing ample space and high visibility on a busy thoroughfare. The property comprises two distinct structures: a 1,472 square foot executive office building, ideal for a variety of professional uses, and two substantial aluminum storage units, perfect for inventory, equipment, or archives. The combination of office and warehouse space makes this property exceptionally versatile, catering to a wide range of businesses. Its prime location in Brownsville, Texas, ensures maximum exposure and accessibility, making it an attractive proposition for companies seeking a prominent presence in the area. The asking price for this turnkey operation is $895,000. The property's 2018 construction ensures modern amenities and efficient design, minimizing operational costs and maximizing functionality. This is a rare opportunity to acquire a well-situated, dual-purpose commercial property in a thriving Texas market. The property's zip code is 78526, and it is located in Cameron County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brownsville
    County
    CAMERON
    State
    Texas
    Longitude
    -97.4879
    Latitude
    25.951

    Comparable in this City

    • Value Estimation by Request
      103,310 SF

      7244 Industrial Cir

      Distribution properties • 103,310 SF
      7244 Industrial Cir, Brownsville, TX 78526
      View Details
    • Value Estimation by Request
      80,000 SF

      Industrial Cir

      Distribution properties • 80,000 SF
      0 Industrial Cir, Brownsville, TX 78526
      View Details
    • Value Estimation by Request
      66,877 SF

      5700 Expressway

      Medical Office Space • 66,877 SF
      5700 Expressway, Brownsville, TX 78526
      View Details
    • Value Estimation by Request
      30,971 SF

      3381 Ruben M Torres Blvd

      Individual retail properties • 30,971 SF
      3381 Ruben M Torres Blvd, Brownsville, TX 78526
      View Details
    • Value Estimation
      $2,235,000
      50,643 SF

      3401 Nafta Pkwy

      INDUSTRIAL (GENERAL) • 50,643 SF
      3401 Nafta Pkwy, Brownsville, TX 78526-9738
      View Details
    • Value Estimation
      $3,940,000
      100,000 SF

      3201 Nafta Pkwy

      INDUSTRIAL (GENERAL) • 100,000 SF
      3201 Nafta Pkwy, Brownsville, TX 78526-9764
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      66,875 SF

      Class A Medical Office Building

      Class A medical office building in a growing market.
      5700 Expressway N, Brownsville, TX 78526
      View Details
    • $2,500,000
      35,378 SF

      Commercial Property on High-Traffic Thoroughfare

      5-acre commercial property with storage units, collision center, and expansion potential.
      3800 Paredes Line Rd, Brownsville, TX 78526
      View Details
    • Contact for pricing
      1.63 Acres

      Brownsville Commercial Land - 1.63 Acres

      High-visibility corner lot, ideal for retail.
      6101 Paredes Line Rd, Brownsville, TX 78526
      View Details
    • Contact for pricing

      Commercial Lot on Alton Gloor

      High-visibility commercial lot in a high-demand Brownsville corridor.
      1000 Alton Gloor Blvd, Brownsville, TX 78526
      View Details
    • Contact for pricing

      Commercial Lot in Prime Location

      High-visibility commercial lot with strong development potential.
      445 Alton Gloor Blvd, Brownsville, TX 78526
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      New Multi-Tenant Warehouse For Rent

      New construction warehouse in North Brownsville Industrial Park, available March 2025.
      7224 Industrial Cir, Brownsville, TX 78526
      View Details
    • $28 SF/Yr

      Class A Professional Office Building

      Recently renovated office building near Expressway 77/83, Brownsville, TX.
      5700 Expressway N, Brownsville, TX 78526
      View Details
    • Contact for pricing
      Pending

      Retail Center Corner Location

      Excellent corner location with great tenant mix in Brownsville.
      5850 Ruben M Torres Blvd, Brownsville, TX 78526
      View Details
    • $3,500 /Mo
      304,920 SF

      7 Acres Commercial Land Available

      Commercial land for lease with easy highway access.
      Fm 511, Brownsville, TX 78526
      View Details
    • Contact for pricing
      87,120 SF

      Land For Lease in Brownsville

      Two acres of land available for lease in North Brownsville.
      6925 Paredes Line Rd, Brownsville, TX 78526
      View Details
    • Contact for pricing
      305,025 SF

      Retail Center in Brownsville, TX

      Corner location with excellent tenant mix of retail and services.
      5850 Ruben M Torres Blvd, Brownsville, TX 78526
      View Details
    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.
    3060 Fm 802
    Brownsville, TX 78526
    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

    Thank You for Inquiry
    3060 Fm 802, Brownsville, TX, 78526
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!