Mixed-Use Property with Auto
912 North 2nd Street, Alvin, TX 77511
For Sale
Contact for pricing
Four buildings combine automotive service space, an event hall, truck parking and two apartments on one commercial site.
Property Size14,360 SF
Lot Size2.20 Acres
Price / SF$153.20
Days on Market21
Property Features for 912 North 2nd Street
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Traffic Count
Highway Access
Road Access
Outdoor Storage
Automotive
Service Bays
Automotive Uses
Tenancy & Operations
Currently Operating
Tenant in Place
Real Estate Included
Additional Details
Asking Price
Amenities
offices
reception lobby
upstairs apartment
bridal suite
commercial kitchen
covered patio
entertainment deck
studio apartment
garage space
Building Details
Buildings
Listing Agency:
eXp Realty LLC
Listed By:
Laura Cooper · License #675418
(713) 305-0735
Source:
Crexi
Added: Oct 20
Changed: Nov 8
Last Checked: Nov 8 at 5:13PM
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 eXp Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2.2-acre mixed-use property in Alvin contains four buildings totaling approximately 14,360 square feet. The automotive facility offers about 7,000 square feet, eight service bays with lifts, three offices, a reception area, restrooms and an upstairs apartment. A separate event hall measures about 4,800 square feet and includes a commercial kitchen, bridal suite, three indoor restrooms, covered patio and entertainment deck; it can accommodate up to 200 guests. At the rear, a 1,920-square-foot metal building includes garage space and a studio apartment. The site also has a truck and trailer parking yard leased for overnight use to a national food distributor.
The property is at 912 North 2nd Street, just off State Highway 6 and about a mile from downtown Alvin. SH 6 carries more than 30,000 vehicles per day. Building construction dates include 1959, 1978 and 1991.
The property is at 912 North 2nd Street, just off State Highway 6 and about a mile from downtown Alvin. SH 6 carries more than 30,000 vehicles per day. Building construction dates include 1959, 1978 and 1991.
Key Highlights
- 2.2‑acre parcel with four buildings totaling approximately 14,360 square feet
- Automotive shop includes about 7,000 square feet, eight service bays with lifts, three offices and an upstairs apartment
- Event hall offers about 4,800 square feet and seating for up to 200 guests
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$194,510
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,890,200
$3.9M
Cap Rate 7%
$2,778,714
$2.8M
Cap Rate 9%
$2,161,222
$2.2M
Market Conditions
NOI Build-Up for 14,360 SF
Gross rent
$294.7K $20.52/SF
− Vacancy
−$16.8K −$1.17/SF
EGI
$277.9K $19.35/SF
− OpEx
−$83.4K −$5.81/SF
NOI
$194.5K $13.55/SF
Area
Brazoria County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,890,200
Cap Rate 7%
$2,778,714
Cap Rate 9%
$2,161,222
Alternative Uses
Best Use
Retail
$2.78M
$2.43M – $3.24M
NOI $194,510 @ 7.0% cap · market cap 8.84%
Second Best
Mixed Use
$1.69M
$1.48M – $1.97M
NOI $118,470 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$3.67M
$3.21M – $4.28M
NOI $256,567 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
8
Service bays
30,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Mobil
Shops & Services
7,529 visits/mo
0.1 miles
Demographics for 77511, TX
51,093
Population
20,499
Households
2.5
Avg Household Size
37
Median Age
19%
College-Educated
83%
High-School Grad
150.1 sq mi
ZIP Area
340
Density / Sq Mi
$77,015
Median Household Income
$43,119
Median Earnings
$1,213
Median Rent
$218,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four buildings combine automotive service space, an event hall, truck parking and two apartments on one commercial site.
Where is this mixed-use property located?
The property is located at 912 North 2nd Street Alvin, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 2.2‑acre parcel with four buildings totaling approximately 14,360 square feet; Automotive shop includes about 7,000 square feet, eight service bays with lifts, three offices and an upstairs apartment; Event hall offers about 4,800 square feet and seating for up to 200 guests
