Mixed-Use Property with Food Truck
2508 E Main Avenue, Alton, TX 78573
For Sale
New
$350,000
Occupied business spaces complement a food-truck area with operator rentals and a covered patio.
Property Size832 SF
Lot Size0.50 Acres
Price / SF$420.67
Days on Market1
Property Features for 2508 E Main Avenue
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
covered outdoor patio area
Manual Gate
Other
Building Details
Building Size
Year Built
Stories
Tenancy
Listing Agency:
Imperio Real Estate LLC
(956) 803-0341
Listed By:
Pedro Guardiola
(956) 659-0221
Source:
Culturare
Added: Nov 6
Last Checked: Nov 6 at 2:35PM
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 Imperio Real Estate LLC
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Investment Insights
Based on property information with market context.
Set on approximately 0.50 acre along E. Main Avenue, this mixed-use property includes a commercial building with separate business spaces that are currently occupied. The rear portion operates as Calle 5 Food Truck Park, with spaces rented to food-truck operators and a covered outdoor patio. Paved parking is also part of the property.
The building dates to 1996. Its combination of occupied commercial space and rented food-truck areas brings together several established business uses on one property.
The building dates to 1996. Its combination of occupied commercial space and rented food-truck areas brings together several established business uses on one property.
Key Highlights
- Approximately 0.50 acre on E. Main Avenue
- Separate commercial business spaces are currently occupied
- Calle 5 Food Truck Park has spaces rented to food‑truck operators
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,234
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,680
$224.7K
Cap Rate 7%
$160,486
$160.5K
Cap Rate 9%
$124,822
$124.8K
Market Conditions
NOI Build-Up for 832 SF
Gross rent
$17.1K $20.52/SF
− Vacancy
−$1.0K −$1.23/SF
EGI
$16.0K $19.29/SF
− OpEx
−$4.8K −$5.79/SF
NOI
$11.2K $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%
$224,680
Cap Rate 7%
$160,486
Cap Rate 9%
$124,822
Alternative Uses
Best Use
Retail
$160.5K
$140.4K – $187.2K
NOI $11,234 @ 7.0% cap · market cap 3.21%
Second Best
Mixed Use
$120.3K
$105.3K – $140.4K
NOI $8,424 @ 7.0% cap · market cap 2.41%
Theoretical Best
Hotel Hospitality
$626.7K
$548.3K – $731.1K
NOI $43,867 @ 7.0% cap · market cap 12.53%
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
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
822
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Occupied business spaces complement a food-truck area with operator rentals and a covered patio.
Where is this mixed-use property located?
The property is located at 2508 E Main Avenue 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: Approximately 0.50 acre on E. Main Avenue; Separate commercial business spaces are currently occupied; Calle 5 Food Truck Park has spaces rented to food‑truck operators
