Auto Shop Property with
For Sale
$750,000
2525 W MIle 5 North Moorefield Road West, Alton, TX 78574
Alton, TX
Property Size1,700 SF
Lot Size4.28 Acres
Price / SF$439.88
Days on Market11
Property Features for 2525 W MIle 5 North Moorefield Road West
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
1,705 SF
Lot size
4.28 Acres
Amenities
canopies
shed
horse stables
Building Details
Year built
2008
Listing Agency:
NextHome RGV Realty
(956) 283-6338
Listed By:
Ronnie Ontiveros · License #0528977,PersonLicenseNumber
(956) 283-6338
Added: Aug 18
Changed: Aug 28
Last Checked: Aug 28 at 7:06PM
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.
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,021
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $23,021 @ 7.0% cap · market cap 3.07%
Second Best
Warehouse
$155.6K
$136.2K – $181.6K
NOI $10,895 @ 7.0% cap · market cap 1.45%
Theoretical Best
Hotel Hospitality
$1.28M
$1.12M – $1.50M
NOI $89,896 @ 7.0% cap · market cap 11.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- Piñas Tires — 2931 TX-364, Palmview, TX 78572
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
