965 Fm 802 Brownsville, TX 78520
This exceptional commercial property, located at 965 FM 802 in Brownsville, Texas, presents a lucrative investment opportunity. Situated on a 0.29-acre lot, the plaza was originally designed as four individual commercial units. Currently, the property boasts a thriving restaurant occupying two units and a successful cell phone store in one unit. This leaves one unit available for lease at a monthly rate of $1500, providing immediate rental income potential. The property's prime location within a high-traffic commercial area ensures consistent visibility and accessibility for tenants. The existing tenants demonstrate the strong demand for commercial space in this location, making this an attractive investment for both seasoned and new investors. The property's solid occupancy rate and potential for future growth make it an ideal addition to any commercial real estate portfolio. The asking price is $740,000, representing a compelling value for a property with established tenants and significant income-generating potential. This is a rare opportunity to acquire a well-positioned, income-producing commercial property in a rapidly growing market. Serious inquiries are encouraged.
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.