Property profile

802 Military Plz Brownsville, TX 78520

OFF-MARKET
Land
1 ac lot
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Property summary

AI-generated overview

This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in Brownsville, Texas. Situated in the burgeoning West Side's newest retail center, Military Plaza, this property boasts a highly desirable location at the southeast corner of FM 802 (Ruben M Torres Blvd.) and Hwy 281 (Military Hwy), extending along Hwy 281 to Laredo Rd. The lot offers impressive frontage on three major roadways: 772 feet on US 281 (Military Hwy), 900 feet on FM 802 (Ruben M Torres Blvd.), and 973 feet on Laredo Rd., providing unparalleled visibility and accessibility. Zoned for Corridor Commercial (CC) use, this property is ideally suited for a variety of retail developments. All city utilities are readily available, simplifying the development process. The asking price is $784,080. This location is experiencing strong growth, making it an attractive investment in a dynamic and expanding market. The approximately 141-foot frontage on FM 802 provides excellent exposure for any business. This is a rare opportunity to acquire a prime commercial lot in a thriving retail area.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)

Cap rate & NOI

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

Location

802 Military Plz Brownsville, TX 78520
Brownsville metro
Google Maps

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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