4115 Old Highway 77Brownsville, TX 78520

  • Commercial real estate
  • 3,570 SF

Property Details for 4115 Old Highway 77

Year built
2000
Lot size
0.23 AC
Property size (Sq ft)
3,570 SF
Zone code
C
Property type
Commercial real estate
APN
06-4370-0100-0220-00
APU
643700100022000

Description

This exceptional 3,500+ square foot special purpose building, constructed in 2000, is ideally situated in Brownsville, Texas, within Cameron County. The single-tenant property boasts a highly desirable location near Sunrise Mall and other shopping centers, ensuring excellent visibility and accessibility. The warehouse features a well-designed layout including a welcoming reception area, a functional kitchen, approximately five private office spaces, a spacious common area perfect for various uses, two restrooms, and ample parking. The building's 2000 construction date suggests a relatively modern structure, potentially minimizing immediate maintenance needs. Its single-tenant occupancy offers simplicity in management and potential for long-term lease stability. The property's address is 4115 Old Hwy 77, Brownsville, TX 78520. This presents a unique opportunity for businesses seeking a well-equipped and strategically located space to establish or expand their operations in a thriving commercial area. The combination of size, amenities, and location makes this property a compelling investment prospect.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $676,654
    6.5%
    $624,604
    7%
    $579,989
  • Comparable approach

    Method
    Valuation
    Relative Method
    $367,822
    Geo Method
    $811,354
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,198,270
    Retail / Commercial
    $620,621
    Mixed-Use / Specialty
    $623,257
    Hospitality / Lodging
    $463,576
    Office
    $624,604
    Institutional / Educational
    $649,669
    Residential Income
    $760,112
    Multifamily
    $884,759
    Automotive / Energy
    $556,859
    Parking / Income-Based Land
    $187,375
    Restaurant / Food Service
    $334,508
    Healthcare / Senior Housing
    $634,166

Location Insight

City
Brownsville
County
Cameron
State
Texas
Latitude
25.9625
Longitude
-97.5119
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
$8,314
$135,000
$227,397
$362,397
-
$135,000
$227,397
$362,397

FAQs

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