Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2518 Highway 6 W Alvin, TX 77511

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,600,000

    3+ acres with existing rentals and high-traffic visibility.

    Lot size:
    3.78 Acres

    Property Features for 2518 Highway 6 W

    General Information

    Lot size
    3.78 Acres

    We can help!

    Listing Contact
    John Varghese
    Source: Elliman

    Listing Agent: John Varghese

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

    Learn more

    Overview

    Unrestricted Land with Income Potential

    This offering includes over 3 acres of unrestricted land situated on a corner lot with high visibility and direct freeway access. The property is currently improved with an office building, a duplex, a small single-family home, and a mobile home, all of which are currently rented, providing an immediate income stream. The land's versatility allows for various potential uses, including commercial development, a community project, or residential construction. This package deal includes three parcels identified as 0420-0022-000, 0420-0088-000, and 0420-0041-000, which are being sold together.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Alvin
    County
    Brazoria
    State
    Texas
    Longitude
    -95.2705
    Latitude
    29.438673

    Nearby Similar for Sale

    • New
      $799,000
      12,000 SF

      Alvin Commercial Campus on Corner

      4-acre commercial campus with income potential near Grand Parkway.
      831 Fm 2917 Rd, 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
      Pending

      20 Acres of Raw Land

      20 acres of raw land available in Alvin, Texas.
      0000 Fm 2917 Rd, Alvin, TX 77511
      View Details
    • $1,300,000
      5,550 SF

      Fully Leased Alvin Retail Center

      5,550 SF retail center with established tenants in Alvin.
      1516 S Gordon St, Alvin, TX 77511
      View Details
    • $399,900

      New Commercial Warehouse with Office

      Modern warehouse with office space on a large lot.
      19650 Webb Rd, Alvin, TX 77511
      View Details
    • $399,000

      Commercial Property with Multiple Uses

      Commercial property suitable for office, medical, or spa use.
      3373 Highway 6 E, Alvin, TX 77511
      View Details
    • $1,699,000
      12,240 SF

      Renovated Storage Facility For Sale

      Newly renovated storage facility in a market with low vacancy.
      1817 Callaway Dr, Alvin, TX 77511
      View Details
    • Contact for pricing
      1,750 SF

      Alvin Retail/Office Opportunity

      1,750 SF brick building on a 6,250 SF corner lot.
      104 S Hood St, Alvin, TX 77511
      View Details
    • $220,000

      Cline Dr, Alvin Property

      Property for sale at 103 Cline Dr, Alvin, TX
      103 Cline Dr, Alvin, TX 77511
      View Details
    • $319,000

      Highway 6 Frontage Property

      Property with frontage on Highway 6 in Alvin, Texas.
      2466 Highway 6 W, Alvin, TX 77511
      View Details
    • Contact for pricing
      936 SF

      Updated Office Building on Highway

      Move-in ready office building with highway frontage and ample parking.
      2466 W State Hwy, Alvin, TX
      View Details
    • $3,195,000

      83.86 Acres on Highway 35

      83.86 acres with road frontage on future SH 99.
      6115 Highway 35 S, Alvin, TX 77511
      View Details

    FAQs

    What type of property is this?
    Land - 3+ acres with existing rentals and high-traffic visibility.
    Where is this land located?
    The property is located at 2518 Highway 6 W Alvin, TX.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - 3+ unrestricted acres on a premium corner lot; - Excellent visibility in a high-traffic area with direct freeway access; - Includes an office building, duplex, single-family home, and mobile home
    (234) 567-9909
    Request Owner's contact information
    2518 Highway 6 W Alvin, TX 77511
    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.
    2518 Highway 6 W
    Alvin, TX 77511
    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
    2518 Highway 6 W Alvin, TX 77511
    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

    We can help!
    Listing Contact
    John Varghese
    Real Estate License ID: 0515328
    (234) 567-9909
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!