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

    700 Levee St Brownsville, TX 78520-5200

    • Commercial real estate
    • 23,302 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimations
    $1,040,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2057290
    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

    • Vitality Counseling / Crisis Center / Medical Clinic
    • Mrs. Vanessa Villarreal / Counselor / Practitioner Service Location
    • RGV Media Group / Publishing House
    • Balla Home Loans LLC / Loan Service / Bank
    • Jenny Dostal Mortgage Lender, LLC / Loan Service / Bank

    Property Details for 700 Levee St

    Year built
    1984
    Lot size
    0.28 lot acres
    Property size
    23,302 SF
    Property type
    Commercial real estate
    APN
    01-0000-0380-0050-00
    APU
    100000380005000

    Description

    This exceptional 23,302 square foot office building, located at 700 Levee St. in downtown Brownsville, Texas, presents a compelling investment opportunity. Constructed in 1984, the property boasts a meticulously maintained interior and exterior. Its design incorporates thoughtful features such as skylights, expansive staircases, multiple fire exits, and a convenient elevator, ensuring both functionality and aesthetic appeal. The building is currently divided into several suites, ideally suited for rental purposes, offering flexibility for various tenants. The property's history includes tenancy by government agencies, demonstrating its suitability for high-profile clients and long-term leases. Situated in the heart of Brownsville, 78520, this location offers excellent visibility and accessibility. The asking price for this well-established office building is $1,850,000. This represents a significant opportunity to acquire a substantial, income-generating property in a thriving Texas city. The building's size, layout, and prime location make it an attractive prospect for investors seeking a stable and potentially high-return investment in the commercial real estate market. The property's history of successful tenancy and its well-maintained condition further enhance its investment appeal.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $750,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,330,000
      Market price range: $1.33M - $4.52M

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

    Location Insight

    • Map
    • Local Demand
    City
    Brownsville
    County
    Cameron
    State
    Texas
    Longitude
    -97.5025
    Latitude
    25.9035
    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
    $11,847
    $99,600
    $436,042
    $535,642
    -
    $99,600
    $436,042
    $535,642

    Comparable in this City

    • Value Estimation by Request
      3.00 Acres

      Military Hwy Flor De Mayo Rd

      Land • 3.00 Acres
      0 Military Hwy Flor De Mayo Rd, Brownsville, TX 78520
      View Details
    • Value Estimation by Request
      388.00 Acres

      281 & New Carmen Ave

      Land • 388.00 Acres
      281 & New Carmen Ave, Brownsville, TX 78520
      View Details
    • Value Estimation by Request

      1462 Us-281

      Land
      1462 Us-281, San Benito, TX 78520
      View Details
    • Value Estimation by Request

      554 Parral Ct

      Land
      554 Parral Ct, Brownsville, TX 78520
      View Details
    • Value Estimation by Request
      0.14 Acres

      204 Allende St

      COMMERCIAL (GENERAL) • 0.14 Acres
      204 Allende St, Brownsville, TX 78520
      View Details
    • Value Estimation by Request
      0.15 Acres

      Avalon Dr

      COMMERCIAL (GENERAL) • 0.15 Acres
      Avalon Dr, Brownsville, TX 78520
      View Details

    Similar Nearby for Sale

    • $950,000

      Downtown Brownsville Retail Opportunity

      Historic building, high foot traffic, renovation underway
      1159 Elizabeth St, Brownsville, TX 78520
      View Details
    • $564,537
      1.40 Acres

      Boca Chica Blvd Commercial Land

      1.4-acre commercial development site in Brownsville, TX.
      0 Boca Chica Blvd, Brownsville, TX 78520
      View Details
    • $564,537
      1.40 Acres

      Boca Chica Blvd Commercial Land

      1.4 Acres, High-Traffic Location
      0 Boca Chica Blvd, Brownsville, TX 78520
      View Details
    • $6,800,000
      32,546 SF

      2101 Central Blvd, Brownsville, TX 78520

      Commercial real estate • 32,546 SF
      2101 Central Blvd, Brownsville, TX 78520
      View Details
    • Contact for pricing
      3.00 Acres

      Brownsville Pad Sites - Military Hwy

      3 Acres, High-Traffic Location, Prime Development
      0 Military Hwy Flor De Mayo Rd, Brownsville, TX 78520
      View Details
    • $449,000
      1.01 Acres

      Brownsville Commercial Land - Lot 3

      Prime 1-acre retail lot, high traffic area.
      0 Ruben M Torres Blvd, Brownsville, TX 78520
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Brownsville Commercial Space For Lease

      Prime Brownsville location, showroom & warehouse.
      234 Elizabeth St, Brownsville, TX 78520
      View Details
    • Contact for pricing
      766,639 SF

      Brownsville Retail Center Opportunity

      Prime Brownsville retail space, multiple suites available.
      0 Us Hwy 77 & State Hwy 802, Brownsville, TX 78520
      View Details
    • Contact for pricing
      12,000 SF

      Retail Space in Brownsville, TX

      Retail space available for lease in Brownsville, Texas.
      1021 E Levee St, Brownsville, TX 78520
      View Details
    • $550 /Mo
      5,401 SF

      Spacious Retail Unit Near Downtown

      Spacious retail unit with private restroom near downtown Brownsville.
      1405 E Monroe St, Brownsville, TX 78520
      View Details
    • $8,055 /Mo
      4,603 SF

      Medical Office with Physical Therapy Pool

      4,603 SF medical office space with pool near Valley Baptist.
      864 Central Blvd, Brownsville, TX 78520
      View Details
    • Contact for pricing

      Downtown Brownsville Retail Space

      Versatile 2,250 sqft Retail Space
      801 International Blvd, Brownsville, TX 78520
      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.
    700 Levee St
    Brownsville, TX 78520-5200
    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.