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    218 Sidnor St Alvin, TX 77511

    For Sale
    $400,000

    Historic Alvin storefront, redevelopment opportunity.

    Property size:
    4,963 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This 4,963 square foot storefront, located at 218 W. Sidnor St, Alvin, TX 77511, presents a compelling redevelopment opportunity. The single-story, 1945-built Class C building sits on a 0.43-acre corner lot with commercial zoning. Currently operating as a feed store with 100% occupancy, the property is available for purchase at $400,000 ($80.60/sq ft). The current month-to-month lease expires October 30, 2023, offering immediate possession for redevelopment. The property boasts a current cap rate of 3.44% and a pro-forma cap rate of 4.30%, with a pro-forma NOI of $17,215. This historic building offers significant potential for a variety of commercial uses, benefiting from its high visibility corner location in a growing community. The substantial lot size allows for potential expansion or future development. All information is deemed reliable but should be independently verified.

    Property Features for 218 Sidnor St

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,963 SF
    Class
    C
    Lot Size
    18,731 SF

    Building Details

    Year Built
    1945
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Month‑to‑month lease, providing immediate possession.
    • Ready for immediate renovations.
    • 1945‑built, 4,963 sq ft building offering historic charm and potential for increased value.
    • Versatile property suitable for various commercial uses.
    • High‑visibility corner lot in Alvin, TX.
    • Strong income potential for owner‑occupancy or lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Last Roundup Feed ... Animal Feed Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Alvin
    County
    Brazoria
    State
    Texas
    Longitude
    -95.2457224
    Latitude
    29.4231191

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    FAQs

    What type of property is this?
    Individual retail property - Historic Alvin storefront, redevelopment opportunity.
    Where is this individual retail property located?
    The property is located at 218 Sidnor St Alvin, TX.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Month-to-month lease, providing immediate possession.; Ready for immediate renovations.; 1945-built, 4,963 sq ft building offering historic charm and potential for increased value.
    Request Owner's contact information
    218 Sidnor St Alvin, TX 77511
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    Alvin, TX 77511
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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
    218 Sidnor St Alvin, TX 77511
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