Building Details

Year built 2008

Listing Agency: NextHome RGV Realty Show Phone

Listed By: Ronnie Ontiveros · License #0528977,PersonLicenseNumber Show Phone

Added: Aug 18 Changed: Aug 28 Last Checked: Oct 14 at 5:06AM

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MLS# 473921

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4.28-acre commercial property includes a building, two canopies, a shed, and two horse stables. The improvements support potential use as a mechanic shop or for parking semi-tractor trailers. The property was built in 2008 and offers a combination of enclosed and covered features across the tract.

The site sits at the intersection of Moorefield Road and Mile 5, across from Dollar General and near additional convenience stores. The address is 2525 W Mile 5 North Moorefield Road West in Alton, Texas.

Key Highlights

• 4.28‑acre commercial property
• Building, two canopies, shed, and two horse stables
• Potential mechanic‑shop use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$23,021

Cap Rate

3.07%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$460,420 $460.4K

Cap Rate 7%

$328,871 $328.9K

Cap Rate 9%

$255,789 $255.8K

Market Conditions

NOI Build-Up for 1,705 SF

Gross rent

$35.0K $20.52/SF

− Vacancy

−$2.1K −$1.23/SF

EGI

$32.9K $19.29/SF

− OpEx

−$9.9K −$5.79/SF

NOI

$23.0K $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%

$460,420

Cap Rate 7%

$328,871

Cap Rate 9%

$255,789

Alternative Uses

Best Use

Retail

$328.9K

$287.8K – $383.7K (±1% cap)

NOI $23,021 @ 7.0% cap · market cap 3.07%

Second Best

Warehouse

$155.6K

$136.2K – $181.6K (±1% cap)

NOI $10,895 @ 7.0% cap · market cap 1.45%

Theoretical Best

Hotel Hospitality

$1.28M

$1.12M – $1.50M (±1% cap)

NOI $89,896 @ 7.0% cap · market cap 11.99%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

378

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 78574, TX

63,627

Population

18,309

Households

3.5

Avg Household Size

28

Median Age

16%

College-Educated

58%

High-School Grad

51.9 sq mi

ZIP Area

1,226

Density / Sq Mi

$52,536

Median Household Income

$28,029

Median Earnings

$807

Median Rent

$119,000

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this auto shops located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Auto shop - Improved commercial site with canopies, storage, and potential mechanic-shop or semi-trailer parking use.

Where is this auto shop located?

The property is located at 2525 W MIle 5 North Moorefield Road West Alton, TX.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: 4.28‑acre commercial property; Building, two canopies, shed, and two horse stables; Potential mechanic‑shop use