Retail
208 S Alton Boulevard, Alton, TX 78573
For Sale
New
Contact for pricing
Retail space is located on S Alton Boulevard in Alton.
Property Size1,200 SF
Price / SF$2.08
Days on Market6
Property Features for 208 S Alton Boulevard
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Changed: Nov 6
Last Checked: Nov 6 at 3:42PM
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 SANETI REALTY GROUP
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Investment Insights
Based on property information with market context.
This retail property contains 1,200 square feet and was built in 1980. It is located at 208 S Alton Boulevard in Alton, Texas.
Key Highlights
- 1,200 square feet of retail space
- Built in 1980
- Located at 208 S Alton Boulevard in Alton, TX
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,203
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,060
$324.1K
Cap Rate 7%
$231,471
$231.5K
Cap Rate 9%
$180,033
$180.0K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$24.6K $20.52/SF
− Vacancy
−$1.5K −$1.23/SF
EGI
$23.1K $19.29/SF
− OpEx
−$6.9K −$5.79/SF
NOI
$16.2K $13.50/SF
Area
Hidalgo County, TX
Vacancy
6.00%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,060
Cap Rate 7%
$231,471
Cap Rate 9%
$180,033
Alternative Uses
Best Use
Retail
$231.5K
$202.5K – $270.1K
NOI $16,203 @ 7.0% cap · market cap 648.12%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$903.9K
$790.9K – $1.05M
NOI $63,270 @ 7.0% cap · market cap 2,530.80%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
300
Businesses Nearby
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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 Retail space in Hidalgo County, TX
Properties on Market for Retail space in Hidalgo County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space is located on S Alton Boulevard in Alton.
Where is this retail space located?
The property is located at 208 S Alton Boulevard Alton, TX.
What are key features of this property?
This property features: 1,200 square feet of retail space; Built in 1980; Located at 208 S Alton Boulevard in Alton, TX
