Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6605 Expressway Brownsville, TX 78520
    Property profile & analytics

    6605 Expressway, Brownsville, TX 78520

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

    Current Use by Public Records

    • Specialty properties

    Property Details for 6605 Expressway

    Year built
    1990
    Property type
    Specialty properties

    Description

    This exceptional 1-acre commercial property in Brownsville, Texas, presents a unique investment opportunity. Located at 6605 Expressway, this prime location boasts unparalleled visibility and accessibility directly on the expressway, ensuring high traffic exposure. Its strategic position near the Brownsville sports park, a bustling flea market, and several car dealerships guarantees a substantial customer base. The property features a large parking area capable of accommodating over 50 eighteen-wheelers, thanks to its robust caliche base, ideal for heavy-duty vehicles. A 1188-square-foot shop, constructed in 2015, is included and can easily handle two trucks simultaneously. Built in 1990, the entire property is zoned for special purpose use and is priced at $1,000,000. This makes it perfect for businesses in logistics, transportation, or any enterprise requiring ample parking and durable ground conditions. The property's high-traffic location and substantial parking capacity offer significant potential for a variety of commercial ventures. The combination of excellent visibility, convenient access, and robust infrastructure makes this a truly exceptional opportunity in the thriving Brownsville market. The property is situated in Cameron County, Texas, with a zip code of 78520.

    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
    -97.5789
    Latitude
    25.9964

    Comparable in this City

    • Value Estimation by Request

      2734 Alton Gloor Blvd

      Specialty properties
      2734 Alton Gloor Blvd, Brownsville, TX 78520
      View Details
    • Value Estimation by Request

      295 Frontage Rd

      Specialty properties
      295 Frontage Rd, Brownsville, TX 78520
      View Details
    • Value Estimation by Request

      930 Mexico Blvd

      Specialty properties
      930 Mexico Blvd, Brownsville, TX 78520
      View Details
    • Value Estimation by Request

      2310 Expressway

      Specialty properties
      2310 Expressway, Brownsville, TX 78520
      View Details
    • Value Estimation by Request

      706 12Th St

      Specialty properties
      706 12Th St, Brownsville, TX 78520
      View Details
    • Value Estimation by Request

      965 Fm 802

      Specialty properties
      965 Fm 802, Brownsville, TX 78520
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      32,546 SF

      Central Boulevard Commercial Property

      Commercial property with excellent visibility, suitable for various businesses.
      2101 Central Blvd, Brownsville, TX 78520
      View Details
    • Contact for pricing
      38,646 SF

      Brownsville Specialty Property For Sale

      Specialty property in Brownsville, Texas, available for purchase.
      715 Frontage Rd, Brownsville, TX 78520
      View Details
    • Contact for pricing
      3,750 SF

      McDonald's NNN Ground Lease Opportunity

      New construction McDonald's with drive-thru on 1.20 acre pad.
      2025 Military Rd, Brownsville, TX 78520
      View Details
    • Contact for pricing

      Downtown Property in Growing Area

      Property in a fast-growing downtown area with high foot traffic.
      1159 Elizabeth St, Brownsville, TX 78520
      View Details
    • Contact for pricing
      7,916 SF

      Corporate Ground Lease Opportunity

      Corporate ground lease with 11.7 years remaining.
      3807 Frontage Rd, Brownsville, TX 78520
      View Details
    • Contact for pricing

      Downtown Property in Growing Area

      Property in a fast-growing downtown area with high foot traffic.
      1245 Elizabeth St, Brownsville, TX 78520
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Brownsville Commercial Space for Sale

      High-traffic location, versatile 800 sq ft.
      965 Fm 802, Brownsville, TX 78520
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space for rent at 1725 Ruben M Torres Blvd.
      1725 Ruben M Torres Blvd, Brownsville, TX 78520
      View Details
    • Contact for pricing
      5,944 SF

      Retail Space in Brownsville, TX

      Retail property available for lease in Brownsville, Texas.
      900 E Elizabeth St, Brownsville, TX 78520
      View Details
    • Contact for pricing
      4,341 SF

      Retail Space Available For Lease

      Retail space available for lease in Brownsville, TX.
      724 Central Blvd, Brownsville, TX 78520
      View Details
    • Contact for pricing

      Prime Retail Land For Lease

      Land for lease in a strategically located retail center.
      3515 Old Highway 77, Brownsville, TX 78520
      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.
    6605 Expressway
    Brownsville, TX 78520
    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
    6605 Expressway, Brownsville, TX, 78520
    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!