744 Washington St Brownsville, TX 78520
- Commercial real estate
- 19,690 SF
- 0.63 lot acres
Current Use by Public Records
- First Call Appliance Service / Appliance Repair Service
- Parra Loan Company / Loan Agency
- Urban Signature Appliances / Appliance Repair Service / Mattress Store
Property Details for 744 Washington St
- Year built
- 1993
- Lot size
- 0.63 lot acres
- Property size
- 19,690 SF
- Zone code
- C
- Property type
- Commercial real estate
- APN
- 01-0000-0680-0010-00
- APU
- 100000680001000
Description
This exceptional commercial property, located at 744 E Washington St, Brownsville, Texas 78520, offers 19,690 square feet of versatile space ideal for coworking or traditional office use. The building, constructed in 1993, features a two-story design with 18-foot ceilings and is situated on a 0.625-acre lot (27,240 sq ft). The property boasts a prominent street presence with all-glass fronts, enhancing visibility and attracting attention. Multiple suites are available, with a minimum divisible space of 5,000 square feet and a maximum contiguous space of 19,690 square feet. Convenient amenities include a rear loading dock, an elevator, second-floor storage, and a covered parking area. The property is zoned commercial and benefits from its strategic location in Brownsville's energetic downtown district, near the Cameron County Courthouse, City of Brownsville, UTRGV, and the revitalized El Jardin. Building plans are available upon request for any proposed renovation projects. The property's single-phase power and its six total suites offer flexibility for various business needs. This prime location presents a unique opportunity to establish a presence in a thriving community. The annual property taxes are $29,000. The APN is 27962, and the property is located in the Rio Grande Valley submarket cluster of Cameron County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $650,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $680,000
- 6.5%
- $745,000
- 7%
- $670,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $800,000
- Geo Method
- $785,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $650,000
- Retail
- $785,000
- Mixed-Use
- $665,000
- Hospitality
- $800,000
- Educational
- $625,000
- Residential Income
- $715,000
- Energy
- $760,000
- Income-Based Land
- $695,000
- Food Service
- $775,000
Location Insight
- Map
- Local Demand
- City
- Brownsville
- County
- Cameron
- State
- Texas
- Longitude
- -97.5008
- Latitude
- 25.9045
- CBSA code
- 15180
- CBSA name
- BROWNSVILLE-HARLINGEN, TX METROPOLITAN STATISTICAL AREA
