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    OFF-MARKET
    Retail properties & Spaces

    77/83 Morrison Rd, Brownsville, TX 78520

    16,553 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.38-acre commercial land parcel, located at Expressway 77/83 and Morrison Road in Brownsville, Texas (zip code 78520), presents a prime retail investment opportunity. The property boasts a total of 16,553 square feet of vacant land, ideal for ground lease development. Situated in a high-traffic area of Cameron County, this site benefits from excellent visibility and frontage on a major expressway, ensuring high exposure to potential customers. The surrounding area is characterized by established national retail businesses, guaranteeing a robust and thriving commercial environment. This single-suite property offers significant potential for a variety of retail uses, capitalizing on the substantial pedestrian and vehicular traffic flow. The location within Brownsville's busiest retail corridors promises strong returns on investment. The property's size and location make it an attractive option for developers seeking a high-impact retail presence in a dynamic market. All 16,553 square feet are currently vacant, providing a blank canvas for a new development. This is a rare opportunity to secure a prominent location in a rapidly growing area of Brownsville.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 16,553 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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