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    OFF-MARKET
    Commercial real estate

    8252 Boca Chica Blvd, Brownsville, TX 78521

    5.5 ac lot
    Individually Owned 4-yr Hold
    Property ID
    US82-9737821
    Property summary
    AI-generated overview

    This exceptional 5.5-acre multifamily property, located at 8252 Boca Chica Blvd in Brownsville, Texas, presents a compelling investment opportunity. The property is zoned for multifamily use and offers significant potential for growth and development. Situated in Cameron County, Texas, with a zip code of 78521, this location boasts convenient access to key amenities and infrastructure. The asking price for this substantial asset is $1,667,060. Its strategic proximity to Starbase, Texas, approximately 20 miles away, adds considerable long-term value and potential for increased rental demand. The property's substantial lot size provides ample space for expansion or redevelopment, allowing for future growth and adaptation to evolving market needs. This is an ideal opportunity for investors seeking a strong foothold in the thriving Brownsville real estate market. The property's multifamily zoning ensures flexibility in development plans, catering to a diverse range of potential tenants. Given its size and location, this property represents a significant investment opportunity with considerable upside potential. Detailed property information and financial projections are available upon request. This is a rare opportunity to acquire a large, well-located multifamily property in a rapidly growing area. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 5.5 ac (239,580 SF)
    UPID US82-9737821
    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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Humberto Torres · 4 yrs held
    Humberto Torres
    since 2021
    1 recorded transaction
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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