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    Property profile & analytics
    OFF-MARKET Estimated value $1,165,000
    Industrial properties

    601 Vermillion Ave, Brownsville, TX 78521-6851

    65,044 SF 10.99 ac lot Built 1987
    Entity Owned Free & Clear
    Property ID
    US82-3708857
    Property summary
    AI-generated overview

    This exceptional Class A industrial warehouse, totaling 33,430 square feet, presents a unique opportunity in Brownsville, Texas. Situated on a 10-acre site within the Foreign Trade Zone at Brownsville's Airport, this single-story building offers significant advantages for businesses seeking efficient storage and distribution. Built in 1982 and renovated in 2016, the property boasts a 20-foot ceiling height, 24 loading docks, and 42 dock-high doors, facilitating seamless operations. The expansive space features 40'x50' column spacing and 48" dock height, along with reinforced concrete driveways and a full interior sprinkler system. Two concrete ramps provide direct vehicle access, complemented by cross-bay loading facilities with 25 overhead doors. A fenced 5-acre warehouse yard offers parking for 88 trailers, secured by a separate guard station with controlled access. The property's strategic location offers proximity to key transportation arteries, including the Port of Brownsville (3.9 miles), Brownsville International Airport (0.3 miles), Gateway International Bridge (6.6 miles), Veterans International Bridge (7.0 miles), Interstate 77/83 (5.4 miles), and FM 511 (1.5 miles). The building is designed for easy conversion to a full manufacturing facility within 60 days. The Foreign Trade Zone status provides significant tax benefits, exempting merchandise stored in accordance with FTZ regulations from U.S. duties and tariffs. With a total of 28 parking spaces available, this property is ideally suited for businesses requiring substantial warehouse space and convenient access to major transportation networks. The maximum contiguous square footage available is 65,964 square feet.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1987
    Total area 65,044 SF
    Lot 10.99 ac (478,768 SF)
    Zoning code SD6
    APN 74-7540-2070-0060-00
    UPID US82-3708857
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.03M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.31M
    Blend (final) Blend
    $1.17M
    Owner & transaction history
    FTZ INC
    FTZ INC
    Zoning & alternative use
    SD6 · Brownsville, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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