Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land Available For Mixed Use Title is generated by Realmo AI

    350 Old Galveston Rd, Alvin, TX 77511

    View on Map
    Claim this Listing
    For Sale
    $250,000

    Land suitable for residential or commercial development with utilities available.

    Type:Land
    Lot size:
    3.45 Acres
    Added:
    Nov 27, 2025
    Days on Market:
    188
    Last Refresh:
    May 11 at 1:24 am

    Property Features for 350 Old Galveston Rd

    General Information

    Standard status
    Active
    Lot size
    3.45 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Trisha Hope

    Listing agent Trisha Hope

    Listing office

    Listing date Nov 27, 2025

    Source Elliman

    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 Trisha Hope

    HighLights

    • Available for both residential and commercial use
    • Great location
    • Utilities available

    Overview

    This tract of land is available for both residential and commercial use. Utilities are available but not currently connected. The property is located on Old Galveston Road in Alvin, Texas.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Alvin
    County
    Brazoria
    State
    Texas
    Longitude
    -95.2411
    Latitude
    29.425

    Nearby Similar for Sale

    • $799,000
      12,000 SF

      Alvin Commercial Campus on Corner

      4-acre commercial campus near Grand Parkway with income potential.
      831 FM 2917, Alvin, TX 77511
      View Details
    • $999,000
      9,225 SF

      Alvin Warehouse For Sale

      9,225 square foot warehouse on 0.39 acres in Alvin.
      601 S. GORDON ST., Alvin, TX 77511
      View Details
    • $320,000
      87,120 SF

      20 Acres Land in Alvin

      20 acres of land available in Alvin, Texas.
      FM 2917, Alvin, TX 77511
      View Details
    • $1,699,000
      12,240 SF

      Newly Renovated Storage Facility

      Renovated storage facility with online systems and growth potential.
      1817 Callaway Drive, Alvin, TX 77511
      View Details
    • $349,000
      3,456 SF

      Versatile Metal Building on FM 2403

      One-acre property with metal building near future Highway 99.
      6907 Fm 2403 Rd, Alvin, TX
      View Details
    • $650,000
      5,218 SF

      Mixed-Use Property on Corner Lot

      Versatile mixed-use property with residence, workshop, and open concept building.
      2900 W Highway 6, Alvin, TX
      View Details
    • $1,650,000
      17,408 SF

      Renovated Multifamily Asset in Alvin

      20-unit multifamily property in Alvin, TX, renovated in 2019.
      601 E Coombs St, Alvin, TX 77511
      View Details
    • $875,000
      3,240 SF

      Highway 6 Warehouse Opportunity

      3,240 SF warehouse on 4.26 acres in Alvin, TX.
      3790 E Hwy 6, Alvin, TX 77511
      View Details
    • $715,000
      1,546 SF

      Commercial Assemblage on Highway 6

      Two-parcel commercial property in high-growth area, ideal for redevelopment.
      2004 Hwy 6, Alvin, TX 77511
      View Details
    • $1,500,000

      Prime Development Land on Highway

      5.57-acre tract with frontage on Highway 6 in Alvin, TX.
      4140 E Hwy 6, Alvin, TX 77511
      View Details
    • $1,400,000

      Prime Commercial Land with Rail

      5.9-acre commercial site with rail access and highway frontage.
      4260 E Highway 6, Alvin, TX 77511
      View Details
    • $350,000

      10-Acre Ag-Exempt Land Parcel

      10-acre ag-exempt land parcel for sale in Alvin, Texas.
      13012 County Road 184, Alvin, TX 77511
      View Details

    FAQs

    What type of property is this?
    Land - Land suitable for residential or commercial development with utilities available.
    Where is this land located?
    The property is located at 350 Old Galveston Rd Alvin, TX.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Available for both residential and commercial use; Great location; Utilities available
    (832) 285-2288
    We can help!
    Listing Contact
    Trisha Hope
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    350 Old Galveston Rd, Alvin, TX 77511
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!