Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Growth Opportunity on Hwy 35 Title is generated by Realmo AI

    1741 Hwy N 35 Bypass, Alvin, TX 77511

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Retail center with high traffic, excellent frontage, and future growth.

    Type:Land, Mixed Use, Retail
    Added:
    Oct 29, 2025
    Days on Market:
    215
    Last Refresh:
    May 14 at 9:07 pm

    Property Features for 1741 Hwy N 35 Bypass

    General Information

    Standard status
    Active
    Property subtype
    Land, Mixed Use, Retail

    We can help!

    Listing Contact
    Jose Torres
    Jose Torres

    Listing agent Jose Torres License #9012066

    Listing office Century 21 Tevas

    Listing date Oct 29, 2025

    Source Crexi

    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 Century 21 Tevas

    HighLights

    • Prime location on high‑traffic Highway 35 with excellent frontage and connectivity.
    • Proximity to the future Grand Parkway (SH 99) expansion, increasing accessibility and traffic.
    • Diverse tenant mix attracting a broad customer base and fostering business synergy.
    • Modern design and sustainable infrastructure for long‑term operational efficiency.
    • Located in Alvin, a rapidly growing city with a robust economy.
    • Community‑centered approach enhancing tenant visibility and creating a welcoming atmosphere.

    Overview

    Located along Highway 35, this shopping center benefits from high traffic and connectivity to nearby neighborhoods and regional routes. The center hosts a mix of retailers, dining establishments, and service providers. Constructed with quality and sustainability, the center features facilities, ample parking, and architectural elements. The upcoming expansion of the Grand Parkway (State Highway 99) is set to enhance regional connectivity. Segment B-1, connecting I-45 to SH 35, is scheduled to commence construction in Spring 2027 with an anticipated completion in 2030. This development is expected to increase accessibility and drive additional traffic to the area. Situated in Alvin, the shopping center offers visibility and accessibility along one of the city's primary thoroughfares. This property presents an opportunity for investors to establish a presence in a commercial environment. The property is located within the Alvin Independent School District.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Alvin
    County
    Brazoria
    State
    Texas
    Longitude
    -95.2336745
    Latitude
    29.4388124

    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?
    Shopping center - Retail center with high traffic, excellent frontage, and future growth.
    Where is this shopping center located?
    The property is located at 1741 Hwy N 35 Bypass Alvin, TX.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: Prime location on high‑traffic Highway 35 with excellent frontage and connectivity.; Proximity to the future Grand Parkway (SH 99) expansion, increasing accessibility and traffic.; Diverse tenant mix attracting a broad customer base and fostering business synergy.
    (509) 627-8406 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jose Torres
    Jose Torres
    Real Estate License ID: 9012066
    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
    1741 Hwy N. 35 Bypass, 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!