5636 Southmost Rd | Brownsville, TX 78521
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5636 Southmost Rd
Brownsville, TX 78521
Plaza Clarissa · Retail Property For Sale
Investment Highlights
- One story multi-tenant retail building
- Current occupancy: 55%
- Location: Southmost neighborhood, Cameron County MSA
- Tenant Mix: Diverse, local operators
Executive Summary
CBRE is proud to present an opportunity to acquire a 7,200 SF retail strip center in a dense community with multi-generational households. This property is located on Southmost Road in a densely populated residential area in Brownsville, Tx. The Southmost neighborhood is one of the most historic. This shopping center sits along the only retail corridor, Southmost Blvd, in and out of this area.
Brownsville is county seat, home of the Space X launch facility and the future Rio Grande LNG. It is ranked 8th best of Texas cities to live in by US News Real Estate in 2023 with a growing population of 250,000 residents.
The Brownsville-Harlingen MSA is comprised of approximately 500,000 residents.
Brownsville is county seat, home of the Space X launch facility and the future Rio Grande LNG. It is ranked 8th best of Texas cities to live in by US News Real Estate in 2023 with a growing population of 250,000 residents.
The Brownsville-Harlingen MSA is comprised of approximately 500,000 residents.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,290 SF
Building Class
C
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.00 AC
Zoning
Commercial
Parking
35 Spaces (4.8 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 749353-0010-005000 | Improvements Assessment | $519,127 |
| Land Assessment | $147,287 | Total Assessment | $666,414 |
PROPERTY TAXES
Parcel Number
749353-0010-005000
Land Assessment
$147,287
Improvements Assessment
$519,127
Total Assessment
$666,414
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