965 Fm 802 Brownsville, TX 78520
This Brownsville, Texas commercial plaza presents a fantastic investment opportunity. Located on FM 802, this 3,817 square foot property sits on a 12.625-acre lot and features three units, currently 90% occupied. The existing tenants include a restaurant and T-Mobile, offering immediate cash flow. One vacant 700 square foot unit provides potential for additional rental income or repurposing. The property, built in 2016, is zoned COMM F1 and offers ample parking with 14 dedicated spaces. The sale includes existing tenants and is a gross lease. This versatile property, suitable for various retail and office uses, offers significant potential for maximizing returns. The property's prime location on FM 802 ensures high visibility and traffic. The asking price is $745,000. The occupancy date for the current lease is April 18, 2024. The property's APN is 153151.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.