Mixed-Use Property with
1326 Alton Boulevard, Alton, TX 78573
For Sale
$350,000
Retail space, an upper loft, and a separate rear workshop support varied commercial functions.
Property Size2,520 SF
Price / SF$138.89
Days on Market16
Property Features for 1326 Alton Boulevard
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Fenced Yard
Mixed-Use Components
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
Storage
Workshop
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
BIG Realty
(956) 465-0011
Listed By:
Victor Fuentes · License #801071391
(956) 432-1351
Source:
Justrealty
Added: Oct 22
Changed: Nov 6
Last Checked: Nov 6 at 1:18PM
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 BIG Realty
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Investment Insights
Based on property information with market context.
This 2,520-square-foot mixed-use property includes a retail-oriented main building and a detached metal workshop. The front space has tile floors, track lighting, a service counter, and wall-mounted air-conditioning units. A staircase leads to an upper loft with a vaulted ceiling. The rear structure has exposed steel framing and a large bay door, with an open interior suitable for workshop or warehouse functions. Two restrooms serve the property.
Located at 1326 Alton Boulevard in Alton, the site has approximately 10 paved parking spaces, a rear concrete apron, and perimeter fencing. The property was built in 1993 and is zoned CO.
Located at 1326 Alton Boulevard in Alton, the site has approximately 10 paved parking spaces, a rear concrete apron, and perimeter fencing. The property was built in 1993 and is zoned CO.
Key Highlights
- 2,520 square feet of mixed‑use space
- Separate rear metal workshop with exposed steel framing and a large bay door
- Main building includes retail floor space and an upper loft with vaulted ceiling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,515
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,300
$510.3K
Cap Rate 7%
$364,500
$364.5K
Cap Rate 9%
$283,500
$283.5K
Market Conditions
NOI Build-Up for 2,520 SF
Gross rent
$45.4K $18.00/SF
− Vacancy
−$4.5K −$1.80/SF
EGI
$40.8K $16.20/SF
− OpEx
−$15.3K −$6.07/SF
NOI
$25.5K $10.13/SF
Area
Hidalgo County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,300
Cap Rate 7%
$364,500
Cap Rate 9%
$283,500
Alternative Uses
Best Use
Retail
$486.1K
$425.3K – $567.1K
NOI $34,025 @ 7.0% cap · market cap 9.72%
Second Best
Mixed Use
$364.5K
$318.9K – $425.3K
NOI $25,515 @ 7.0% cap · market cap 7.29%
Theoretical Best
Hotel Hospitality
$1.90M
$1.66M – $2.21M
NOI $132,867 @ 7.0% cap · market cap 37.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Explore this area
Business Placement
Demographics for 78573, TX
42,229
Population
13,339
Households
3.2
Avg Household Size
29
Median Age
15%
College-Educated
63%
High-School Grad
36.7 sq mi
ZIP Area
1,151
Density / Sq Mi
$51,185
Median Household Income
$27,730
Median Earnings
$909
Median Rent
$154,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Hidalgo County, TX
Properties on Market for Mixed-use properties in Hidalgo County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail space, an upper loft, and a separate rear workshop support varied commercial functions.
Where is this mixed-use property located?
The property is located at 1326 Alton Boulevard Alton, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,520 square feet of mixed‑use space; Separate rear metal workshop with exposed steel framing and a large bay door; Main building includes retail floor space and an upper loft with vaulted ceiling
