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13320177
29645591

2305 Southmost Rd, Brownsville, TX 78521

JB
TX 201217, TREC # 0201217
Coastal Realty
JB
TX, TREC # 0802153
Coastal Realty
Listed by Coastal Realty
$749,000
960 days on market
Updated 1 day ago

Southmost (2305)

Details
APN 38987 & 38982
Property Type Retail
Sub Type Shopping Center
Square Footage 3,200
Net Rentable (SqFt) 3,200
Units 3
Occupancy 33%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 10.25%
Pro-Forma NOI $76,752
Price per SqFt $234
Class A
Year Built 2019
Buildings 1
Stories 1
Acreage 0.160
Zoning Traditional Neighborhood Corridor (TN-C)
Parking Spaces 16 spaces
Parking Per SqFt 5.00
Ground Lease No

3,200 SF Neighborhood Shopping Center

Marketing description

3 Unit Commercial Building: Unit 1 - Tenant: Payment 1 Financial; Units 2 & 3 - Need Finish Out

Great opportunity for investors looking to expand their portfolios!

Reduced Price! - 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.

Investment highlights

  • Neighborhood Shopping Center!
  • 3,200 SF Building with 3 Units!
  • Located on Main Thoroughfare!
  • Corner Lot!
  • Huge Value-Add Potential!

Listing Contacts

JB
TX 201217, TREC # 0201217
Coastal Realty
JB
TX, TREC # 0802153
Coastal Realty
Listed by Coastal Realty

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*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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