Retail Space in High-Traffic
For Sale
$500,000
400 E Highway 67, Alvarado, TX 76009
Retail space with storage, office, and expansion potential.
Property Size1,980 SF
Lot Size1.00 Acre
Price / SF$252.53
Days on Market100
Property Features for 400 E Highway 67
General Information
Standard status
Active
Size
1,980 SF
Lot size
1.00 Acre
Property subtype
Commercial
Building Details
Year Built
1995
Listing Agency:
Buck Realty
(817) 866-3700
Listed By:
Tammy Rydell
(817) 648-9499
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 29 at 1:12PM
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 Buck Realty
Investment Insights
Based on property information with market context.
This property offers a retail area at the front, complemented by a bathroom. The rear of the property features large storage or work areas, along with a private bathroom and office space. A secured room and sink area are also included. The property is situated in a high-visibility, high-traffic location in Alvarado. It includes a lot of over one acre, which allows for additional parking or the construction of another building. The property size is 1980 square feet.
Key Highlights
- 1+ acre lot allows for additional parking or building.
- High visibility and high traffic location.
- Retail area in front with bathroom.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.4k | $24.96 |
| − Vacancy | −$2.5k | −$1.25 |
| EGI | $46.9k | $23.71 |
| − OpEx | −$14.1k | −$7.11 |
| NOI | $32.9k | $16.60 |
1,980 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$469.5K
$410.8K – $547.8K
NOI $32,865 @ 7.0% cap · market cap 6.57%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$23.73M
$20.77M – $27.69M
NOI $1,661,350 @ 7.0% cap · market cap 332.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
59
Businesses Nearby
Explore this area
Business Placement
Demographics for 76009, TX
23,376
Population
7,648
Households
3.1
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
98.0 sq mi
ZIP Area
239
Density / Sq Mi
$73,696
Median Household Income
$38,841
Median Earnings
$1,202
Median Rent
$211,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail space with storage, office, and expansion potential.
Where is this retail space located?
The property is located at 400 E Highway 67 Alvarado, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 1+ acre lot allows for additional parking or building.; High visibility and high traffic location.; Retail area in front with bathroom.
