00 Palm Blvd, Brownsville, TX 78526
This exceptional 9,300.06 square foot commercial land parcel, located at 00 Palm Boulevard in Brownsville, Texas, presents a unique investment opportunity. Situated within the city's Historic District, this property offers significant potential for a variety of commercial ventures. Built in 1960, the lot is zoned as a Traditional Neighborhood Corridor (TN-C), allowing for flexible development options. The property's existing warehouse structure includes a convenient loading dock, adding to its versatility. Potential uses include office space, restaurants, retail establishments, live-work spaces, townhomes, or small apartment complexes. The property's prime location in the Historic District offers high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in Brownsville. The asking price is $125,000. The property is located in Cameron County, Texas, with a zip code of 78526. This is a rare chance to acquire a well-positioned commercial lot in a thriving area with a rich history and promising future. Don't miss this opportunity to capitalize on the potential of this valuable asset.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.