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    1516 S Gordon St Alvin, TX 77511

    For Sale
    $1,300,000

    5,550 SF retail center with established tenants in Alvin.

    Property size:
    5,550 SF
    Lot size:
    0.31 Acres

    Property Features for 1516 S Gordon St

    General Information

    Size
    5,550 SF
    Lot size
    0.31 Acres

    Source: RE/MAX 1st Choice Agent Monica L. Rojas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Leased Alvin Retail Center

    This 5,550 square foot retail center is situated on a 15,577 square foot lot in Alvin, Texas. The property is fully leased and features three established tenants with a history of occupancy. The current tenant mix includes a medical spa, hair salon, and boutique. All tenants operate under NNN (Triple Net) leases. The property is zoned commercial and offers street exposure with frontage on both S. Gordon Street and Foster Street. Ample on-site parking is available. The property is located near HEB, national fast-food chains, pharmacies, and medical clinics.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Erwin Insurance Insurance Agency Deme Designed and Friends Home Goods Store Sweet Seasons Boutique Alvin Carpet Cleaning ... Carpet Cleaning Service The Skin Sanctuary Spa

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Meadow Park Plaza, HIGHLAND SQUARE CENTER, Coinstar Kiosk | Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Alvin
    County
    Brazoria
    State
    Texas
    Longitude
    -95.243332
    Latitude
    29.4106557

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    FAQs

    What type of property is this?
    Shopping center - 5,550 SF retail center with established tenants in Alvin.
    Where is this shopping center located?
    The property is located at 1516 S Gordon St Alvin, TX.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Fully-leased commercial center with three established tenants, providing immediate income.; - Triple Net (NNN) leases minimize landlord responsibilities and maximize investment stability.; - High-visibility corner location with frontage on two streets (S. Gordon Street and Foster Street).
    (409) 739-3455
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    1516 S Gordon St Alvin, TX 77511
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    Alvin, TX 77511
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1516 S Gordon St Alvin, TX 77511
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