Property profile

00 Palm Blvd Brownsville, TX 78526

OFF-MARKET
Land
Built 1960
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Year built 1960

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

00 Palm Blvd Brownsville, TX 78526
Brownsville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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