208 Arroyo Blvd Los Fresnos, TX 78566-3272
Property profile & analytics
208 Arroyo Blvd Los Fresnos, TX 78566-3272
- Commercial real estate
- 2,430 SF
- 0.18 lot acres
Property ID
US83-3747054
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Primetime Headquarters / Gym & Fitness Center
Property Details for 208 Arroyo Blvd
- Year built
- 1979
- Lot size
- 0.18 lot acres
- Property size
- 2,430 SF
- Property type
- Commercial real estate
- APN
- 37-0000-0220-0290-00
- APU
- 3700000220029000
Description
This exceptional investment opportunity presents a fully leased, mixed-use property in the thriving Los Fresnos, Texas market. The property comprises two buildings totaling 4,680 square feet of net rentable space on a 7,900 square foot lot encompassing three parcels. A 2,430 square foot office building, constructed circa 1979 and renovated in 2019, features CMU construction and includes executive offices, multiple workspaces, a conference room, kitchen, and restrooms. Adjacent is a 2,250 square foot warehouse, built circa 1992 and also updated in 2019, boasting a pre-engineered steel frame with steel panel cladding and a 16-foot peak height. The property offers 11 parking spaces, including ten designated spaces and one additional space at the rear of the office building, supplemented by ample street parking. Located on North Arroyo Boulevard, the property benefits from 79 feet of frontage and enjoys convenient access to major transportation arteries, including Interstate 69E (approximately 6.5 miles), the Port of Brownsville (approximately 10.5 miles), Brownsville/SPI Airport (approximately 15 miles), and Valley International Airport (approximately 20 miles). The property is zoned C-3, Central Business District, allowing for versatile office and/or retail uses. Situated in Flood Zone X, the risk of significant flooding is minimal. The property boasts a strong 5.40% cap rate and a substantial net operating income (NOI) of $25,704, reflecting a stabilized investment with a current asking price of $425,000 ($90.81 per square foot). The property's proximity to significant developments, including SpaceX and various LNG projects, further enhances its long-term investment potential. This is a rare opportunity to acquire a high-performing, mixed-use asset in a rapidly growing area.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Los Fresnos
- County
- Cameron
- State
- Texas
- Longitude
- -97.4759
- Latitude
- 26.073
- CBSA code
- 15180
- CBSA name
- BROWNSVILLE-HARLINGEN, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,600
$39,500
$111,636
$151,136
-
$39,500
$111,636
$151,136
