Corner Retail Building with Lighted
5236 E Highway 67 Alvarado, TX 76009
5236 E Highway 67, Alvarado, TX, 76009
$650,000
For Sale
$650,000
COMMERCIAL - Alvarado, TX
Property Size2,100 SF
Lot Size0.75 Acres
Price / SF$309.52
Days on Market48
Property Features for 5236 E Highway 67
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 3
- Standard status
- Active
- Lot size
- 0.75 Acres
Utilities
- Sewer type
- Septic Tank
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Building materials
- Brick
- Roof type
- Asphalt
Listing agency
YOUR HOME SOLD GUARANTEED REALTY
(817) 528-9114
Listed by
Priscilla Shields · License #0578753
(817) 528-9114
Added: Jun 4 Updated: Jul 12 at 2:34PM Checked: Jul 21 at 8:06AM
MLS# 11801125
Copyright © 2026 My State MLS. 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.
Move-in ready retail storefront on a corner lot in Alvarado, Texas, offered for sale with the option to purchase with or without the existing florist business. The property is described as 2,100+ square feet and includes a lighted sign on the building and a 13-by-10 lighted pylon sign. The site provides wheelchair-accessible restroom accommodations and a total of three bathrooms, along with two electric panels.
Visibility is a key feature, with the property positioned for exposure to approximately 21,000 vehicles per day along Highway 67. The listing also notes excellent ingress and egress and provides 18 parking spaces for customers. A new Walmart development is referenced as planned about three miles away at I-35 and Highway 67.
Whether you’re seeking to continue the current use or reposition the space, the layout and storefront configuration are presented as suitable for a range of concepts, including medical office, daycare, fitness studio, and retail.
Visibility is a key feature, with the property positioned for exposure to approximately 21,000 vehicles per day along Highway 67. The listing also notes excellent ingress and egress and provides 18 parking spaces for customers. A new Walmart development is referenced as planned about three miles away at I-35 and Highway 67.
Whether you’re seeking to continue the current use or reposition the space, the layout and storefront configuration are presented as suitable for a range of concepts, including medical office, daycare, fitness studio, and retail.
Key Highlights
- Corner lot on Highway 67 with nearly 150 ft of frontage
- 21,000 daily vehicle count per public remarks
- Building totals 2,100+ SF on a 0.75‑acre corner lot
Local 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 | $52.4k | $24.96 |
| − Vacancy | −$2.6k | −$1.25 |
| EGI | $49.8k | $23.71 |
| − OpEx | −$14.9k | −$7.11 |
| NOI | $34.9k | $16.60 |
2,100 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$498.0K
$435.7K – $581.0K
NOI $34,857 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$25.17M
$22.03M – $29.37M
NOI $1,762,038 @ 7.0% cap · market cap 271.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Time Out Massage
Alternative Medicine Practice
Similar For Sale Nearby
Similar Off Market Nearby
- Hearts & Flowers — 5236 US-67, Alvarado, TX 76009
FAQs
What type of property is this?
Storefront property - Retail building on a corner lot with heavy highway visibility, a lighted pylon sign, and 18 off-street parking spaces.
Where is this storefront property located?
The property is located at 5236 E Highway 67 Alvarado, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Corner lot on Highway 67 with nearly 150 ft of frontage; 21,000 daily vehicle count per public remarks; Building totals 2,100+ SF on a 0.75‑acre corner lot
