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    1701 Fairway Dr Alvin, TX 77511

    Sponsored
    For Lease
    Contact for pricing

    High-visibility retail center; 91,360 sq ft; Hwy 35 frontage.

    Lot size:
    91,360 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Invest in the Fairway Shopping Center, a prime retail property situated at the intersection of Hwy 35 South and Fairway in Brazoria County. This 91,360 square foot center boasts a strong national tenant presence, anchored by Planet Fitness, and surrounded by complementary businesses including Palais Royal, Rue 21, and Cici's Pizza. Currently, there are three suites available, with a significant 72,838 square feet of vacant space presenting a unique opportunity for expansion or new tenancy. The property sits on 8.52 acres of land and was built in 1983. Its strategic location offers exceptional visibility from Hwy 35, ensuring high traffic and customer exposure. The center also benefits from its proximity to Alvin Community College, providing a substantial customer base. Ample on-site parking and easy access in and out of the center further enhance its appeal. In addition to the retail space, warehouse space is also available for lease, adding to the property's versatility and investment potential. This is a rare opportunity to acquire a well-located retail center with significant upside potential in a growing market. The existing tenant mix provides a solid foundation for future growth and expansion.

    Property Features for 1701 Fairway Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    91,360 SF

    Building Details

    Year Built
    1983

    Unit(s) available at that property

    Space
    1701-1
    Size
    60,000 SF

    HighLights

    • High‑visibility location on Hwy 35.
    • Conveniently located near Alvin Community College.
    • Ample on‑site parking.
    • Excellent ingress/egress.
    • Strong national tenant occupancy.
    • Warehouse space available for lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Planet Fitness Gym Alvin Dental Doctor La Michoacana Meat ... Butcher Shop Medic One Pharmacy Pharmacy Dollar Smart Dollar 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
    -95.231904265913
    Latitude
    29.406929911247

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    FAQs

    What type of property is this?
    Retail property - High-visibility retail center; 91,360 sq ft; Hwy 35 frontage.
    Where is this retail property located?
    The property is located at 1701 Fairway Dr Alvin, TX.
    What are key features of this property?
    This property features: High-visibility location on Hwy 35.; Conveniently located near Alvin Community College.; Ample on-site parking.
    Request Owner's contact information
    1701 Fairway Dr 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
    1701 Fairway Dr Alvin, TX 77511
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