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    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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