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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

965 Fm 802 Brownsville, TX 78520

3,817 SF 12625 ac lot Built 2016
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2016
Total area 3,817 SF
Lot 12625 ac (549,945,000 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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