For Sale
$299,000

1401 Milpa VerdeBrownsville, TX 78521

High-traffic location, income-producing property

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Brownsville, Texas property, located at 1401 Milpa Verde, presents a unique investment opportunity. Built in 1990, this versatile 1-acre site combines executive office space with a warehouse, currently operating as a successful mechanical workshop. The asking price is $299,000. The existing business generates consistent revenue streams from its established clientele. Adding to the income potential is an in-house efficiency apartment, currently leased for $900 per month, and an additional office space leased for $400 per month. This provides immediate cash flow for the new owner. The property's prime location in a high-traffic area ensures excellent visibility and accessibility. The combination of a thriving business, rental income, and ample land offers significant potential for expansion and diversification. This is an ideal opportunity for an investor seeking a turnkey operation with immediate returns and substantial long-term growth prospects. The property is zoned for office and industrial use, offering flexibility for future development. The property's existing infrastructure and established clientele provide a solid foundation for continued success. Don't miss this chance to acquire a profitable and strategically located asset in a growing Texas market. The property is situated in Cameron County, Texas, zip code 78521.

Highlights

  • $299,000 asking price.
  • Office and industrial property (Executive Office and Warehouse subtypes).
  • 1990 construction.
  • Located at 1401 Milpa Verde, Brownsville, TX 78521.
  • Situated on one acre of land in a high-traffic area.
  • Currently generates income from a mechanical workshop, a leased apartment ($900/month), and a leased office space ($400/month).

Property Details for 1401 Milpa Verde

Property type
Warehouses, Office properties
Year Built
1990

Location Insight

City
Brownsville
County
CAMERON
State
Texas
Latitude
25.8858063
Longitude
-97.4499251
1401 Milpa Verde, Brownsville, Texas

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1401 Milpa Verde
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