Property profile

0 Laredo Rd Military Plz Brownsville, TX 78520

OFF-MARKET
Land
4.43 ac lot
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Property summary

AI-generated overview

This exceptional 4.43-acre commercial land parcel is situated in Brownsville, Texas, at the highly desirable Military Plaza, a burgeoning retail hub on the city's west side. The property boasts three prominent road frontages: 772 feet on US 281 (Military Highway), 900 feet on FM 802 (Ruben M Torres Blvd), and 973 feet on Laredo Rd, offering unparalleled visibility and accessibility. Zoned for Corridor Commercial (CC) use, this lot presents a unique opportunity for developers seeking to capitalize on the area's strong growth trajectory. All city utilities are readily available, simplifying development plans. The property's strategic location at the southeast corner of FM 802 and Hwy 281 provides convenient access to major thoroughfares and a substantial customer base. With approximately 160 feet of frontage on Laredo Rd, this lot is ideally suited for a variety of commercial ventures, including retail establishments, multi-family developments, or storage facilities. The asking price is $1,157,824.80. This is an exceptional investment opportunity in a rapidly expanding market. Information is believed reliable but not guaranteed.

Property profile

Verified
Property type Land
Lot 4.43 ac (192,971 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Laredo Rd Military Plz Brownsville, TX 78520
Brownsville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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