00 Palm Blvd Brownsville, TX 78520
This unique 1960-built warehouse, located at 00 Palm Blvd. in Brownsville, Texas (zip code 78520), presents a compelling investment opportunity. Priced at $125,000, this special-purpose property boasts a prime location within the Historic District, designated as a Traditional Neighborhood Corridor (TN-C). The building features a convenient loading dock, making it suitable for a variety of commercial uses. Potential uses include office space, restaurant, retail establishment, or a live-work space. The TN-C designation opens up possibilities for adaptive reuse, such as the development of townhomes or small apartments, subject to local zoning regulations. The property's strategic location within the historic district offers high visibility and potential for strong returns. This is a rare chance to acquire a piece of Brownsville's history and capitalize on its revitalization. The property is situated at latitude 25.9061265 and longitude -97.5103428. Further due diligence is recommended to confirm zoning and permitted uses. This property is in Cameron County.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.