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Southmost (2305)

$850,000

2305 Southmost Road, Brownsville, TX 78521

Active
Last Updated: 02/10/2025

3,200 sqft

Building Size

0.16 acres

Lot Area

Details:
Building Size:    3,200 sqft
Lot Area:    0.16 acres
Occupancy:    33%
Units:    3
Year Built:    2019
Price Per Sqft:    $287.50
Zoning:    Traditional Neighborhood Corridor (TN-C)
Tenancy:    Multiple
Parking Spots:    16
Highlights:
  • 3 Unit Commercial Building!
  • Located on Busy Thoroughfare!
  • Corner Lot!
Description:

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 +.

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.

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