11 Rentfro BlvdBrownsville, TX 78521

  • Commercial real estate
  • 3,526 SF
For Sale
$769,000 View listing

Property Details for 11 Rentfro Blvd

Year built
2013
Lot size
0.36 AC
Property size (Sq ft)
3,526 SF
Zone code
A-C
Property type
Commercial real estate
APN
01-1600-0000-0010-00
APU
116000000001000

Description

This exceptional 2013-built commercial property, located at 11 Rentfro Blvd. in Cameron County, presents a unique investment opportunity. The single-tenant, 0.355-acre lot offers a versatile corner unit ideal for a variety of uses, including retail, professional services, or food preparation businesses. The building features a convenient 21-space parking lot, ensuring ample space for customers and employees. Inside, the unit boasts a private bathroom, a closet equipped with a utility sink and water heater, adding to its functionality and convenience. The property's suitability for food-related businesses is further enhanced by the inclusion of a triple sink and grease trap. Landlord-provided amenities include water, sewer, and trash removal, minimizing operational costs for the tenant. This well-maintained property offers a strong foundation for a thriving business, combining prime location with practical features and cost-effective utilities. The single-tenant occupancy provides a straightforward investment opportunity with clear income potential. The property's size and features make it an attractive option for a range of businesses seeking a well-equipped and conveniently located space. Its corner location offers excellent visibility and accessibility, further enhancing its appeal. The ample parking further adds to the property's desirability. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $729,528
    6.5%
    $673,410
    7%
    $625,309
  • Comparable approach

    Method
    Valuation
    Relative Method
    $392,975
    Geo Method
    $801,354
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,286,280
    Retail / Commercial
    $667,332
    Mixed-Use / Specialty
    $671,048
    Hospitality / Lodging
    $500,263
    Office
    $673,410
    Institutional / Educational
    $699,798
    Residential Income
    $818,764
    Multifamily
    $948,189
    Automotive / Energy
    $599,827
    Parking / Income-Based Land
    $200,971
    Restaurant / Food Service
    $362,026
    Healthcare / Senior Housing
    $681,896

Location Insight

City
Brownsville
County
Cameron
State
Texas
Latitude
25.9223
Longitude
-97.4822
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
$5,972
$19,814
$347,640
$367,454
-
$19,814
$347,640
$367,454

FAQs

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