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Property profile & analytics
OFF-MARKET
Warehouses

1401 Milpa Verde Brownsville, TX 78521

Built 1990
Property ID
Property summary
AI-generated overview

This exceptional Brownsville, Texas property, located at 1401 Milpa Verde, presents a unique investment opportunity. Built in 1990, this versatile 1-acre site combines executive office space with a warehouse, currently operating as a successful mechanical workshop. The asking price is $299,000. The existing business generates consistent revenue streams from its established clientele. Adding to the income potential is an in-house efficiency apartment, currently leased for $900 per month, and an additional office space leased for $400 per month. This provides immediate cash flow for the new owner. The property's prime location in a high-traffic area ensures excellent visibility and accessibility. The combination of a thriving business, rental income, and ample land offers significant potential for expansion and diversification. This is an ideal opportunity for an investor seeking a turnkey operation with immediate returns and substantial long-term growth prospects. The property is zoned for office and industrial use, offering flexibility for future development. The property's existing infrastructure and established clientele provide a solid foundation for continued success. Don't miss this chance to acquire a profitable and strategically located asset in a growing Texas market. The property is situated in Cameron County, Texas, zip code 78521.

Property profile
Verified
Property type Warehouses
Year built 1990
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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