325 Kings HwyBrownsville, TX 78521

Property Details for 325 Kings Hwy

Year built

1994

Lot size

0.28 AC

Property size (Sq ft)

3,366 SF

Zone code

C

Property type

Commercial real estate

APN

01-6500-0010-0100-00

APU

165000010010000

Description

This exceptional 1994-built special purpose property located at 325 Kings Hwy, Brownsville, TX 78521, is offered at $579,900. The 18-parking space plaza previously operated as a daycare center, boasting three expansive areas and six bathrooms, including one full bath with a shower. The property features attractive wood-look tile flooring throughout. Its versatile layout presents significant income potential for a variety of uses, including offices, retail stores, or other commercial ventures. The spacious design and ample parking make it an ideal location for multiple businesses or a single large-scale operation. Owner financing is available, making this a compelling opportunity for investors seeking a strong return on investment in a thriving Texas market. The property is situated in Cameron County, offering easy access to major transportation routes and a robust local economy. This is a rare chance to acquire a well-maintained, multi-use commercial property with significant upside potential. The property's history as a daycare center suggests a proven track record of successful operation, further enhancing its appeal to prospective buyers.

• CAP approach

  CAP return

  Valuation

  6%

  $755,734

  6.5%

  $697,601

  7%

  $647,772

• Comparable approach

  Method

  Valuation

  Relative Method

  $403,446

  Geo Method

  $764,991

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,326,760

  Retail / Commercial

  $689,491

  Mixed-Use / Specialty

  $694,229

  Hospitality / Lodging

  $518,704

  Office

  $697,601

  Institutional / Educational

  $724,291

  Residential Income

  $847,420

  Multifamily

  $976,453

  Automotive / Energy

  $620,821

  Parking / Income-Based Land

  $207,127

  Restaurant / Food Service

  $376,433

  Healthcare / Senior Housing

  $704,539

Location Insight

City

Brownsville

County

Cameron

State

Texas

Latitude

25.9239

Longitude

-97.4711

CBSA code

15180

CBSA name

BROWNSVILLE-HARLINGEN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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