1516 S Gordon St, Alvin, TX
5,550 SF retail center with established tenants in Alvin.
- Added:
- Jan 7, 2025
- Days on Market:
- 517
- Last Refresh:
- May 20 at 9:19 pm
Property Features for 1516 S Gordon St
General Information
- Standard status
- Active
- Size
- 5,550 SF
- Lot size
- 0.31 Acres
- Property subtype
- RETAIL
Listing agent Monica L. Rojas License #0401692 (409) 739-3455
Listing office Call It Closed Int'l Realty (409) 739-3455
Listing date Jan 7, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Call It Closed Int'l Realty
HighLights
- 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).
- Ample on‑site parking for tenant and customer convenience.
- Strong surrounding retail environment near HEB, fast‑food chains, pharmacies, and medical clinics.
- Building size of 5,550 SF on a 15,577 SF lot in Alvin, Texas.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $113.9k | $20.52 |
| − Vacancy | −$6.5k | −$1.17 |
| EGI | $107.4k | $19.35 |
| − OpEx | −$32.2k | −$5.81 |
| NOI | $75.2k | $13.55 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Coin Cloud Bitcoin ATM — 500 S Gordon St, Alvin, TX 77511
- Coinstar Kiosk | Bitcoin ATM — 207 E South St H.E.B, Alvin, TX 77511
- Quick-Tag — walmart supercenter, 400 hwy 35 bypass n, alvin, tx 77511
Location Insight
- Map
- Local Demand
- City
- Alvin
- County
- Brazoria
- State
- Texas
- Longitude
- -95.2433
- Latitude
- 29.4107
