Last 24 Hours
$915,000
NAL Estimated Property Value3705 BOCA CHICA BLVD. 4.2 Acres Comm., BROWNSVILLE, TX, 78521
Off Market
Commercial
About this property
THIS COMMERCIAL PROPERTY IS JUST DOWN FROM THE INTERSECTION OF PADRE ISLAND HIGHWAY (SH-48) & BOCA CHICA BLVD (SH-4). WITH 610'+/- OF FRONTAGE & 300'+/- OF DEPTH, IT IS IDEAL FOR A VARIETY OF USES, FROM PROFESSIONAL OFFICES TO RETAIL. THE SALES PRICE IS BASED UPON $5.00 PER SQUARE FOOT (& SUCH DIMENSIONS.) SELLER IS WILLING TO DIVIDE THE PROPERTY IN PARCELS OF 150' TO 200' OF FRONTAGE AND THE SALES PRICE PER PARCEL WOULD BE BASED UPON $7.00 P/S.F. HIGH TRAFFIC COUNTS. PREMIER EXPOSURE. ALL UTILITIES AVAILABLE. SELLER ALSO WOULD ENTERTAIN OFFERS ON THE ADJACENT PROPERTY TO THE REAR, IF ADDITIONAL ACREAGE IS REQUIRED.
Investor Tools
$915,000
Estimated Property Value
$0Estimated Mortgage Balance
$915,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,490 /month
Positive
Cash Flow Estimate:
$1,830 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%