Alvin Auto Care
817 S Gordon St Alvin, TX 77511
For Sale
Contact for pricing
Prime location auto shop with steady traffic.
Property Size2,891 SF
Price / SF$172.60
Days on Market640
Property Features for 817 S Gordon St
General Information
- Standard status
- Active
- Size
- 2,891 SF
- Property subtype
- Retail, Special Purpose
Listing Agency:
The Rowsey Group
Listed By:
Jacob Rowsey · License #TX 0483922
Source:
Crexi
Added: Oct 23, 2024
Changed: Jul 6
Last Checked: Jul 23 at 11:15AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Prime location with steady traffic flow.
- Suitable for an auto care business.
- Equipment can be included in the sale.
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
NOI $39,159 @ 7.0% cap · market cap 7.85%
Second Best
Industrial
$212.7K
$186.1K – $248.1K
NOI $14,888 @ 7.0% cap · market cap 2.98%
Theoretical Best
Multifamily LT 5
$36.01M
$31.51M – $42.02M
NOI $2,521,036 @ 7.0% cap · market cap 505.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Alvin Auto Care
Auto Repair Shop
Similar Off Market Nearby
- XP Automotive LLC — 1914 Koster Rd, Alvin, TX 77511
- Texas Fairway Car Care Center — 170 E Foley St #274, Alvin, TX 77511
- Firestone Tires Alvin Cooper — 201 w south st, alvin, tx 77511
- A & A Radiator Shop — 1115 Rosharon Rd, Alvin, TX 77511
- Tire Store Service Center — 201 W South St, Alvin, TX 77511
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 $499,000.
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.
