770 Elizabeth St Brownsville, TX 78520
- Commercial real estate
- 12,416 SF
- 0.39 lot acres
Current Use by Public Records
- La Michoacana Meat Market / Supermarket / Taco Restaurant
- Barri Booth / Money Transfer Service / Check Cashing Service
Property Details for 770 Elizabeth St
- Year built
- 1993
- Lot size
- 0.39 lot acres
- Property size
- 12,416 SF
- Property type
- Commercial real estate
- APN
- 07-4350-0040-0070-00
- APU
- 743500040007000
Description
This exceptional Brownsville, Texas property presents a unique investment opportunity encompassing a thriving, family-owned meat market and its accompanying real estate. Located at 770 W Elizabeth St, in Cameron County, zip code 78520, this turnkey operation offers 12,579 square feet of retail space. The property boasts a strong local reputation built on high-quality products and a loyal customer base, ensuring a smooth transition for a new owner. The well-maintained facility is equipped for efficient operations and includes ample parking, ensuring convenient access for customers. The high-visibility frontage on W Elizabeth St provides excellent exposure to significant traffic, maximizing the potential for continued success. This established business offers a ready-made customer base and a proven track record, minimizing the risks often associated with new ventures. The property's size and layout also present potential for expansion, allowing for future growth and diversification of the business. This is an ideal acquisition for an investor or entrepreneur seeking a profitable, established business with significant growth potential in a desirable location. The property is zoned for retail use, including auto shop, convenience store, and grocery store uses, offering flexibility for future development. This complete package offers a rare opportunity to acquire both a successful business and prime real estate in a thriving Texas market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $420,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $630,000
- 6.5%
- $560,000
- 7%
- $660,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $520,000
- Geo Method
- $610,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $660,000
- Retail
- $480,000
- Mixed-Use
- $605,000
- Hospitality
- $650,000
- Educational
- $490,000
- Residential Income
- $605,000
- Energy
- $630,000
- Income-Based Land
- $520,000
- Food Service
- $555,000
Location Insight
- Map
- Local Demand
- City
- Brownsville
- County
- Cameron
- State
- Texas
- Longitude
- -97.5123
- Latitude
- 25.9153
- CBSA code
- 15180
- CBSA name
- BROWNSVILLE-HARLINGEN, TX METROPOLITAN STATISTICAL AREA
