2305 Southmost Rd - Storefront Retail/Office FOR SALE


Brownsville, TX 78521
$755,000 USD
956-541-9000
2305 Southmost Rd, Brownsville, TX for Sale
$755,000 USD
Storefront Retail/Office - FOR SALE
1/1
null | Request Cap Rate

2305 Southmost Rd
Brownsville, TX 78521


HIGHLIGHTS

  • 3 Tenant Retail Building!
  • Located on Major Thoroughfare!
  • Corner Lot!

OVERVIEW

REDUCED - Was $920,000! - 3 Unit Commercial Building: Unit 1 - Tenant: Payment 1 Financial; Units 2 & 3 - Need Finish Out. Great opportunity for Investor/ User. Finish Out estimated at $70,000.00. NOI projections $76,800.00 @ $2NNN. Potential: 8% CAP +. Huge Value-Add Potential! - This 3,200 SF shopping center, located on a high-traffic Brownsville corridor offers immediate income, defined upside, and a price that is hard to ignore. The 3-unit building has an existing tenant in place from day one, with two vacant shell units ready for finish-out—giving a value-add investor a clear, defined path to an 8%+ cap rate on total invested capital. Brownsville's continued growth—driven by cross-border trade, SpaceX activity at nearby Boca Chica, and steady RGV population growth—makes this a strong long-term hold. Whether you're an investor looking to stabilize and cash flow, or an owner-user looking to occupy one unit while leasing the others, the upside here is undeniable and the price is even more compelling. On the east corner of the intersection of Southmost Rd (FM 1419) and E 23rd St. *The information contained herein was obtained from sources believed reliable, however, Coastal Realty makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The representation of this property is subject to errors, omissions, prior sale or lease or withdrawal without notice.

FOR SALE DETAILS

PRICE

$755,000 USD

PRICE/SF

$236 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Southmost (2305)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

Traditional Neighborhood

APN/PARCEL ID

025610-0370-001000,025610-0370-002000

ASK ABOUT THIS PROPERTY

Jeremy BarnardCoastal RealtyMore Info
956-541-9000

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Jeremy BarnardCoastal RealtyMore Info
956-541-9000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.