Commercial Building in Texas

Sale Commercial Building located in Brownsville, Texas. Commercial building utilized as an event center, is located on Map Grid 148.445.B2, and is in US Census Tract 125.04. The Property improved with a commercial building that has a gross area of 11,619 square feet and a gross building area and a gross leasable area of 11,146 square feet. It appears that the building was constructed in two phases; it is not known when the original section (4,529 square feet) was constructed, but it is assumed that the north section (6,617 square feet) was constructed circa 1985. The subject building is constructed on a concrete slab, the north section has a partial steel frame system, the exterior walls are brick veneer, and the roof is covered by metal panels. The exterior walls of the original section have brick veneer with CMU back-up, its roof has an open web steel joist system with steel deck, insulation board, and roll composition cover. A main entry porch is located along the building’s northwest corner, a 4’ wide metal awning wraps the building from the northeast to northwest elevation, and a covered loading dock is located near the building’s southeast corner. Based upon the Appraisers observations, the subject is in average condition with deferred maintenance noted, and its effective age is estimated to be about 35 years, with a remaining economic life of about 15 years. Site improvements include asphalt-paved parking lots, concrete sidewalks, and green areas.