109 Bernal DrBrownsville, TX 78520

For Sale
$339,000 View listing
  • Commercial real estate
  • 2,711 SF

Property Details for 109 Bernal Dr

Year built
2015
Lot size
0.14 AC
Property size (Sq ft)
2,711 SF
Property type
Commercial real estate
APN
03-9930-0030-0070-00
APU
399300030007000

Description

This exceptional investment opportunity presents a thriving, tenant-occupied daycare center located at 109 Bernal Dr., Brownsville, TX 78520. Built in 1983, this special-purpose property is offered at $339,000. The property includes two separate legal descriptions, encompassing the main building and an adjacent lot currently used as a spacious playground. Recent improvements include a new roof, fresh paint, and a new A/C unit. A mini-split system further enhances climate control in the rear. The daycare features several classrooms, three bathrooms, a kitchen area, a dedicated baby room, a small front office, and ample storage. The property boasts twelve parking spaces and a convenient circular driveway for efficient drop-off and pick-up. The current tenant, a children's daycare, is under lease until December 2024, paying a monthly rent of $2,600. The property's size and features also make it suitable for use as an adult daycare center. This turnkey operation presents a strong cash flow opportunity with significant potential for future growth. The property's location in Brownsville, Texas, offers easy access to major roadways and a growing community. This is a rare chance to acquire a well-maintained, income-producing property in a high-demand market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $614,776
    Hospitality
    $563,131
    Educational
    $468,519
    Medical
    $484,632
    Retail
    $728,807
109 Bernal Dr, Brownsville, Texas

Location Insight

City
Brownsville
County
Cameron
State
Texas
Latitude
25.9218
Longitude
-97.4341
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
$4,487
$50,490
$139,149
$189,639
-
$50,490
$139,149
$189,639

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