1601 Price RdBrownsville, TX 78521

  • Other commercial real estate
  • 23,700 SF
For Lease

Property Details for 1601 Price Rd

Year built
1960
Lot size
18.31 AC
Property size (Sq ft)
23,700 SF
Zone code
C
Property type
Other commercial real estate
APN
07-9800-0150-0200-00
APU
798000150020000

Description

Resaca Village offers a prime retail investment opportunity in Brownsville, Texas. This single-story, 173,421 square foot center boasts a highly desirable location at the signalized intersection of E Price and S Frontage Rd, directly accessible from elevated Highway 83, ensuring exceptional visibility and accessibility. The property is zoned 7C within Cameron County and benefits from a strong tenant mix including national brands such as Planet Fitness, Big Lots, Family Dollar, Guitar Center, Harbor Freight Tools, Jack in the Box, and CSL Plasma, complemented by a selection of regional tenants. This established center provides a stable income stream with the potential for future growth given Brownsville's rapid expansion. The property's prominent location along a major thoroughfare guarantees high traffic counts and significant exposure to a large consumer base. The multi-tenant configuration offers diversification and reduced risk, making it an attractive investment for both seasoned and emerging investors seeking a foothold in the thriving Rio Grande Valley market. The property's size and established tenant base present a compelling opportunity for long-term value appreciation and consistent cash flow. Further details regarding lease terms and financial performance are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,951,914
    Hospitality
    $4,535,926
    Educational
    $3,773,837
    Medical
    $3,903,625
    Retail
    $5,870,414
1601 Price Rd, Brownsville, Texas

Location Insight

City
Brownsville
County
Cameron
State
Texas
Latitude
25.9379
Longitude
-97.4969
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
2022
$212,608
$1,892,884
$13,679,885
$15,572,769
-
$1,892,884
$13,679,885
$15,572,769

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].