FM 802
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FM 802
0.61 Acres of Commercial Land Offered at £332,541 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 |
£26,065
|
£42,603.75
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£26,065
|
£42,603.75
|
| Taxes |
£1,171
|
£1,913.28
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£1,171
|
£1,913.28
|
| Net Operating Income |
£24,894
|
£40,690.47
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £26,065 |
| Annual Per AC | £42,603.75 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | £26,065 |
| Annual Per AC | £42,603.75 |
| Taxes | |
|---|---|
| Annual | £1,171 |
| Annual Per AC | £1,913.28 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | £1,171 |
| Annual Per AC | £1,913.28 |
| Net Operating Income | |
|---|---|
| Annual | £24,894 |
| Annual Per AC | £40,690.47 |
Property Facts
| Price | £332,541 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.61 AC |
| Property Type | Land |
| Price | £332,541 |
| 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 | £332,541 | Lot Size | 0.61 AC |
| Price Per AC | £543,546 |
| Price | £332,541 |
| Price Per AC | £543,546 |
| 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.) |
| LI (Manufacturing, processing, and assembly facilities; warehousing and distribution centers; research and development facilities; office buildings, etc.) |
-
Tony Menchaca -
LomaAlta Construction & Development, LLC
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