Versatile Commercial Property in
1326 Alton Boulevard, Alton, TX 78573
New
- Added:
- May 19, 2026
- Days on Market:
- 3
- Last Refresh:
- May 21 at 10:06 pm
Property Features for 1326 Alton Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 20
- Patio and Porch features
- Patio
- Exterior features
- Storage, Workshop
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- N861001000000500
- Size
- 2,520 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5667
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1993
- Floors in Building
- 2
- Building materials
- Block
- Roof type
- Metal
- Additional Structures
- Workshop, Storage
Listing agent Victor Fuentes License #574075 (956) 432-1351
Listing office BIG Realty 4847 S Jackson Rd., Pharr, TX (956) 465-0011
Listing date May 19, 2026
MLS# 504935
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Versatile commercial property with retail, office, and warehouse space.
- Approximately 2,520 square feet of space.
- Separate rear metal structure for workshop or warehouse use with large open bay door.
- Zoned CO, suitable for owner‑users, leasing, or redevelopment.
- Includes approximately 10 paved parking spaces and rear concrete apron access.
- Main building features open retail floor, granite‑topped service counter, and upper loft.
Overview
This commercial property is located on N Alton Boulevard in Alton. The property offers a combination of retail, office, and warehouse space across approximately 2,520 square feet. The main building features an open retail floor with tile flooring, drop ceilings, a granite-topped service counter with panel cabinetry, track lighting, and wall-mounted A/C units. A staircase leads to an upper loft with a vaulted ceiling suitable for storage or a private office. A separate rear metal structure with exposed steel beams and a large open bay door serves as a functional workshop or warehouse, currently set up for light fabrication. The site includes roughly 10 paved parking spaces, rear concrete apron access, perimeter fencing, and two restrooms. The lot size is 0.212 acres. Zoned CO, this property with a prior retail and wholesale use history suits a wide range of owner-users or investors looking to occupy, lease, or redevelop in a growing South Texas corridor.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$468.4K
NOI $42,152 @ 9.00% cap · cautious / downside scenario
Moderate
$602.2K
NOI $42,152 @ 7.00% cap · market / base-case scenario
Aggressive
$843.0K
NOI $42,152 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.4k | $30.72 |
| − Vacancy | −$21.2k | −$8.42 |
| EGI | $56.2k | $22.30 |
| − OpEx | −$14.1k | −$5.58 |
| NOI | $42.2k | $16.73 |
2,520 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$602.2K
$526.9K – $702.5K
NOI $42,152 @ 7.0% cap · market cap 8.87%
Second Best
Retail
$486.1K
$425.3K – $567.1K
NOI $34,025 @ 7.0% cap · market cap 7.16%
Theoretical Best
Hotel Hospitality
$1.90M
$1.66M – $2.21M
NOI $132,867 @ 7.0% cap · market cap 27.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Map
- City
- Alton
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.311192
- Latitude
- 26.298813
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Retail, office, and warehouse space in a growing corridor.
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 $475,000.
What are key features of this property?
This property features: Versatile commercial property with retail, office, and warehouse space.; Approximately 2,520 square feet of space.; Separate rear metal structure for workshop or warehouse use with **large open bay door**.
