1401 Milpa Verde, Brownsville, TX 78521
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.
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
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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.