5182 Padre Island Hwy
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5182 Padre Island Hwy
5,205 SF 100% Leased Retail Building Brownsville, TX 78521 $1,600,000 ($307/SF) 12.50% Cap Rate
Investment Highlights
- High daytime foot and car traffic
- Very active and functioning restaurant
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
5,205 SF
Year Built/Renovated
1975/1992
Price
$1,600,000
Price Per SF
$307
Cap Rate
12.50%
NOI
$200,000
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.15
Lot Size
0.78 AC
Zoning
C
Parking
28 Spaces (5.38 Spaces per 1,000 SF Leased)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 027910-0730-100000 | Improvements Assessment | $212,443 |
Land Assessment | $118,307 | Total Assessment | $330,750 |
PROPERTY TAXES
Parcel Number
027910-0730-100000
Land Assessment
$118,307
Improvements Assessment
$212,443
Total Assessment
$330,750
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Presented by
Abraham CRE
5182 Padre Island Hwy
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