Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    275 Jose Marti Blvd Brownsville, TX 78526-2820

    • Commercial real estate
    • 3,808 SF
    • 0.33 lot acres
    OFF-MARKET
    Last Sale
    May 22, 2023
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3827613
    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.

    Current Use by Public Records

    • Diana Arispe: Allstate Insurance / Insurance Agency
    • RGV REALTY LLC / Real Estate Agency
    • ICO Commercial Real Estate / Real Estate Agency
    • national investments / Financial Advisor
    • Garduño Tax & Associates / Accounting Firm / Tax Preparation

    Property Details for 275 Jose Marti Blvd

    Year built
    1997
    Lot size
    0.33 lot acres
    Property size
    3,808 SF
    Zone code
    C
    Property type
    Commercial real estate
    APN
    06-9300-0010-0020-00
    APU
    693000010002000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Brownsville
    County
    Cameron
    State
    Texas
    Longitude
    -97.4994
    Latitude
    25.9517
    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
    $7,026
    $89,843
    $340,940
    $430,783
    -
    $89,843
    $340,940
    $430,783

    Comparable in this City

    • Value Estimation by Request

      2043 Ruben M Torres Blvd

      Land
      2043 Ruben M Torres Blvd, Brownsville, TX 78526
      View Details
    • Value Estimation by Request
      4.25 Acres

      ---- Old Alice Rd

      Land • 4.25 Acres
      0 ---- Old Alice Rd, Olmito, TX 78526
      View Details
    • Value Estimation by Request
      0.29 Acres

      Brownsville, TX 78526

      COMMERCIAL (GENERAL) • 0.29 Acres
      Brownsville, TX 78526
      View Details
    • Value Estimation by Request
      0.30 Acres

      2101 Ruben Torres Sr Blvd

      COMMERCIAL (GENERAL) • 0.30 Acres
      2101 Ruben Torres Sr Blvd, Brownsville, TX 78526
      View Details
    • Value Estimation by Request
      2.47 Acres

      4464 Old Prt Isabel Rd

      COMMERCIAL (GENERAL) • 2.47 Acres
      4464 Old Prt Isabel Rd, Brownsville, TX 78526-9618
      View Details
    • Value Estimation by Request
      0.17 Acres

      2406 Old Prt Isabel Rd

      COMMERCIAL (GENERAL) • 0.17 Acres
      2406 Old Prt Isabel Rd, Brownsville, TX 78526-9549
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.63 Acres

      Brownsville Commercial Land - 1.63 Acres

      High-visibility corner lot, ideal for retail.
      6101 Paredes Line Rd, Brownsville, TX 78526
      View Details
    • $125,000

      Brownsville Commercial Land Investment

      Prime 9,300 SF lot, Historic District.
      00 Palm Blvd, Brownsville, TX 78526
      View Details
    • $8,975,000
      13.74 Acres

      Brownsville Commercial Land - 13+ Acres

      Prime Commercial Land, Regional Center Zoning
      0 Paredes Line Rd, Brownsville, TX 78526
      View Details
    • $500,000
      4.25 Acres

      4.25 Acre Brownsville Development Land

      Prime Brownsville land, near sports park, ideal for development.
      0 ---- Old Alice Rd, Olmito, TX 78526
      View Details
    • $1,000,000
      2,740 SF

      Brownsville Commercial Land Investment

      1.97 Acres, Prime Location, High Potential
      1125 Paredes Line Rd, Brownsville, TX 78526
      View Details
    • $1,065,042
      1.63 Acres

      Brownsville Commercial Land - 1.63 Acres

      High-visibility commercial land, prime location.
      6101 Paredes Line Rd, Brownsville, TX 78526
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Las Tiendas Plaza Retail Space

      Brownsville Retail Pad Site - High Traffic Location
      301 Morrison Rd, Brownsville, TX 78526
      View Details
    • Contact for pricing

      Prime Brownsville Commercial Space

      4900 sqft, Single-Tenant, Ready to Occupy
      2100 Old Prt Isabel Rd, Los Fresnos, TX 78526
      View Details
    • $4,500 /Mo
      87,120 SF

      Prime Land for Lease

      2 acres of land available for lease in Brownsville, TX.
      6925 Paredes Line Rd, Brownsville, TX 78526
      View Details
    • $24 SF/Yr
      1,834 SF

      Brownsville Commercial Land Opportunity

      Prime Retail Land, High Visibility, Texas
      2043 Ruben M Torres Blvd, Brownsville, TX 78526
      View Details
    • $3,150 /Mo
      304,920 SF

      Retail Space in Via Del Mar

      Corner location retail space with excellent tenant and service mix.
      5850 Ruben M Torres Blvd, Brownsville, TX 78526
      View Details
    • Contact for pricing

      Brownsville Industrial Land Lease

      Exceptional 59,371 SF vacant land.
      5314 Ruben M Torres Blvd, Brownsville, TX 78526
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    275 Jose Marti Blvd
    Brownsville, TX 78526-2820
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.