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    Alvin Auto Care Property Title is generated by Realmo AI

    817 S Gordon St, Alvin, TX 77511

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    Prime location auto shop with steady traffic.

    Type:Retail, Special Purpose
    Property size:
    2,891 SF
    Price / SF:
    $179/SF
    Added:
    Oct 23, 2024
    Days on Market:
    594
    Last Refresh:
    May 12 at 9:19 pm

    Property Features for 817 S Gordon St

    General Information

    Standard status
    Active
    Size
    2,891 SF
    Property subtype
    Retail, Special Purpose

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    Listing Contact
    Jacob Rowsey

    Listing agent Jacob Rowsey License #TX 0483922

    Listing office The Rowsey Group

    Listing date Oct 23, 2024

    Source Crexi

    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 The Rowsey Group

    HighLights

    • Prime location with steady traffic flow.
    • Suitable for an auto care business.
    • Equipment can be included in the sale.
    • Priced to sell.
    • All offers are being considered.
    • Business is not for sale (property only).

    Overview

    The property, currently operating as Alvin Auto Care, is available for sale. It is located in a prime location with consistent daily traffic. The property is suited for auto shops, automotive businesses, retail, and general commercial real estate purposes. The equipment can be included or removed at the time of the sale. The property size is 2891 square feet.

    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 $59.3k $20.52
    − Vacancy −$3.4k −$1.17
    EGI $55.9k $19.35
    − OpEx −$16.8k −$5.81
    NOI $39.2k $13.55
    2,891 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $559.4K
    $489.5K – $652.7K (±1% cap)
    NOI $39,159 @ 7.0% cap · market cap 7.53%
    Second Best
    Industrial
    $212.7K
    $186.1K – $248.1K (±1% cap)
    NOI $14,888 @ 7.0% cap · market cap 2.86%
    Theoretical Best
    Multifamily LT 5
    $36.01M
    $31.51M – $42.02M (±1% cap)
    NOI $2,521,036 @ 7.0% cap · market cap 484.81%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Alvin Auto Care Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • BC Towing — 2321 s gordon st, alvin, tx 77511
    • Snider Transmission — 2646 S Bypass 35, Alvin, TX 77511
    • Kwik Kar Lube & Tune — 2654 TX-35 Loop, Alvin, TX 77511
    • Marsh Rat Rods — 2701 Pecan, Alvin, TX 77511
    • Genesis Auto Repair — 2654 S N Bypass 35, Alvin, TX 77511

    Location Insight

    • Map
    • Local Demand
    City
    Alvin
    County
    Brazoria
    State
    Texas
    Longitude
    -95.2436513
    Latitude
    29.4173199

    FAQs

    What type of property is this?
    Auto shop - Prime location auto shop with steady traffic.
    Where is this auto shop located?
    The property is located at 817 S Gordon St Alvin, TX.
    What is the asking price?
    The asking price for this property is $520,000.
    What are key features of this property?
    This property features: Prime location with steady traffic flow.; Suitable for an auto care business.; Equipment can be included in the sale.
    More about this property
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