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    OFF-MARKET
    Land

    802 Military Plz, Brownsville, TX 78520

    1 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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