FM 802 0.61 Acres of Commercial Land Offered at $425,000 in Brownsville, TX 78526

INVESTMENT HIGHLIGHTS

  • Excellent for Warehousing
  • Manufacturing
  • Commercial / Retail

EXECUTIVE SUMMARY

Discover an exceptional commercial development opportunity at 2661 Dana Avenue, Brownsville, Texas. This prime 26,650 square foot, fully asphalted, and fenced lot is located in a thriving market area with versatile "LI" zoning. The property is equipped with three commercial sewer taps and commercial grease and oil traps, making it ready for immediate development. Boasting strategic access via major highways and key roads, including Ruben Torres, Sr. Boulevard, the site enjoys excellent visibility and connectivity. Surrounded by high-traffic commercial developments such as HEB, Whataburger, and Chick-fil-A, this location is perfect for a variety of business ventures. The "LI" zoning permits a broad range of uses, including manufacturing, warehousing, office buildings, wholesale businesses, service stations, commercial repair services, equipment rental and sales, printing and publishing establishments, building material sales, laboratories, and other light industrial activities. Positioned in a rapidly growing region with well-established infrastructure and essential utilities, this property offers unparalleled potential for investors and developers looking to capitalize on the booming Brownsville market.

FINANCIAL SUMMARY (PRO FORMA - 2024)

ANNUAL ANNUAL PER AC
Gross Rental Income $33,312 $54,449.17
Other Income - -
Vacancy Loss - -
Effective Gross Income $33,312 $54,449.17
Taxes $1,496 $2,445.24
Operating Expenses - -
Total Expenses $1,496 $2,445.24
Net Operating Income $31,816 $52,003.92

PROPERTY FACTS

Price $425,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.61 AC

1 LOT AVAILABLE

Lot Lot 4

Price $425,000
Price Per AC $694,671.46
Lot Size 0.61 AC

Lot 4, Block 1, Thirlwall Subdivision, Cameron County, Texas.

ZONING

Zoning Code LI (Manufacturing, processing, and assembly facilities; warehousing and distribution centers; research and development facilities; office buildings, etc.)
  • Listing ID: 32620933

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: FM 802, Brownsville, TX 78526