35 Business DrBrownsville, TX 78521

  • Commercial real estate
  • 3,935 SF

Property Details for 35 Business Dr

Year built
2007
Lot size
0.01 AC
Property size (Sq ft)
3,935 SF
Zone code
C
Property type
Commercial real estate
APN
01-6500-0010-0080-00
APU
165000010008000

Description

This exceptional 2,935-square-foot commercial building, located at 35 Business Dr., Brownsville, TX 78521, presents a unique investment opportunity. Situated on a 0.8-acre lot, this single-tenant property boasts a prime location at the intersection of Business Drive and Boca Chica Blvd, within a rapidly developing area of Cameron County. Constructed in 2007, the building features a single story and is zoned C, offering considerable flexibility for a variety of commercial uses. The entire 2,935 square feet is currently vacant, providing immediate occupancy for a new tenant. Its strategic location makes it ideal for businesses such as daycare centers, physical therapy clinics, medical offices, or other professional services. The property's size and zoning provide ample space and potential for growth. The address is easily accessible from major thoroughfares, ensuring high visibility and convenient access for clients and employees. This property represents a rare chance to acquire a well-situated, versatile commercial building in a thriving Texas market. The property's single-tenant status offers simplicity in management and potential for long-term lease agreements. This is an excellent opportunity for investors seeking a strong return on investment in a high-growth area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $883,485
    6.5%
    $815,524
    7%
    $757,273
  • Comparable approach

    Method
    Valuation
    Relative Method
    $471,646
    Geo Method
    $894,307
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,551,040
    Retail / Commercial
    $806,043
    Mixed-Use / Specialty
    $811,583
    Hospitality / Lodging
    $606,386
    Office
    $815,524
    Institutional / Educational
    $846,726
    Residential Income
    $990,670
    Multifamily
    $1,141,510
    Automotive / Energy
    $725,765
    Parking / Income-Based Land
    $242,141
    Restaurant / Food Service
    $440,066
    Healthcare / Senior Housing
    $823,636

Location Insight

City
Brownsville
County
Cameron
State
Texas
Latitude
25.924
Longitude
-97.4719
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
$8,503
$60,226
$238,039
$298,265
-
$60,226
$238,039
$298,265

FAQs

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Please email our support team at [email protected] and they will add the team member.
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