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    509 Alton Blvd Alton, TX 78573

    For Sale
    $499,000

    Prime 1-acre commercial lot in Alton, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1-acre commercial land parcel, located at 509 N Alton Boulevard in Alton, Texas, presents a remarkable investment opportunity. Boasting 130 feet of frontage and 293 feet of depth on Alton Boulevard, this property offers excellent visibility and accessibility. Its strategic location places it within minutes of essential city services, including City Offices, the Police Department, City Park, shopping centers, and schools, ensuring high traffic and convenient access for any commercial venture. The City of Alton is actively providing incentives to qualified buyers, making this an even more attractive proposition. Note that this property is one of four available lots. Lot 1 (the subject property) is 1 acre. Adjacent lots include Lot 2 (1.68 acres with 250 feet of frontage on Alton Boulevard), Lot 3 (1.95 acres with potential direct access to Alton Boulevard), and Lot 4 (1.4 acres with potential direct access to Alton Boulevard). These lots can be purchased individually or as a group, offering flexibility to accommodate various development needs and scales. The combined acreage and strategic positioning of these lots present significant development potential for a wide range of commercial uses. The asking price for this specific 1-acre lot is $499,000. Zip code is 78573.

    Property Features for 509 Alton Blvd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • $499,000 asking price.
    • 1‑acre commercial land parcel.
    • Located at 509 N Alton Boulevard, Alton, TX 78573.
    • 130‑foot frontage on Alton Boulevard.
    • Excellent development potential with City of Alton incentives.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Alton
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3130912
    Latitude
    26.2908225

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    FAQs

    What type of property is this?
    Land - Prime 1-acre commercial lot in Alton, TX.
    Where is this land located?
    The property is located at 509 Alton Blvd Alton, 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: $499,000 asking price.; 1-acre commercial land parcel.; Located at 509 N Alton Boulevard, Alton, TX 78573.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    509 Alton Blvd Alton, TX 78573
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