Alvin Auto Care
For Sale
Contact for pricing
Pending
817 S Gordon St, Alvin, TX 77511
Prime location auto shop with steady traffic.
Property Size2,891 SF
Days on Market730
Property Features for 817 S Gordon St
General Information
Standard status
Pending
Size
2,891 SF
Property subtype
Retail, Special Purpose
Investment Type
Owner/User
Building Details
Year Renovated
2024
Buildings
1
Stories
1
Listing Agency:
The Rowsey Group
Listed By:
Jacob Rowsey · License #TX 0483922
Source:
Crexi
Added: Oct 23, 2024
Changed: Oct 12
Last Checked: Oct 20 at 9:29PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$39,159
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$783,180
$783.2K
Cap Rate 7%
$559,414
$559.4K
Cap Rate 9%
$435,100
$435.1K
Market Conditions
NOI Build-Up for 2,891 SF
Gross rent
$59.3K $20.52/SF
− Vacancy
−$3.4K −$1.17/SF
EGI
$55.9K $19.35/SF
− OpEx
−$16.8K −$5.81/SF
NOI
$39.2K $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%
$783,180
Cap Rate 7%
$559,414
Cap Rate 9%
$435,100
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
866
Businesses Nearby
137k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 33%
Groceries 23%
Electronics 1%
H-E-B
Groceries
31,356 visits/mo
0.5 miles
SONIC Drive In
Dining
17,795 visits/mo
0.2 miles
H-E-B Fuel
Shops & Services
9,602 visits/mo
0.5 miles
Jack in the Box
Dining
9,512 visits/mo
0.2 miles
Little Caesars Pizza
Dining
9,349 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
Similar Off Market Nearby
- A & A Radiator Shop — 1115 Rosharon Rd, Alvin, TX 77511
- XP Automotive LLC — 1914 Koster Rd, Alvin, TX 77511
- Firestone Tires Alvin Cooper — 201 w south st, alvin, tx 77511
- Tire Store Service Center — 201 W South St, Alvin, TX 77511
- Texas Fairway Car Care Center — 170 E Foley St #274, Alvin, TX 77511
Frequently Asked Questions
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.
