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Property profile & analytics
OFF-MARKET
Commercial real estate

965 Fm 802 Brownsville, TX 78520

0.29 ac lot Built 2016
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 2016
Lot 0.29 ac (12,632 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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