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    621 Alton Blvd Alton, TX 78573

    For Sale
    $295,000

    Prime 21,276 sq ft commercial lot. High-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 21,276 square foot commercial land parcel is situated in Alton, Texas, at 621 Alton Boulevard, within the burgeoning LA HACIENDA retail development. Located at the northwest corner of Conway Avenue and Main Avenue, this property benefits from high visibility and significant traffic counts, boasting 18,171 vehicles per day on Conway Avenue. Part of a mixed-use project featuring four commercial pad sites, this lot offers ample space for a variety of retail businesses. The property is priced at $295,000 and is ideally suited for entrepreneurs seeking a prime location in a rapidly growing community. Alton is experiencing significant expansion, with a new 188-unit apartment complex under development nearby, further enhancing the area's demographic appeal. The surrounding area demonstrates promising growth in population and average household income, making this a compelling investment opportunity in a vibrant and dynamic Texas market. This lot presents a unique chance to establish a thriving business within a thriving retail development. The property's size and location make it an attractive option for businesses seeking high visibility and accessibility. Don't miss this opportunity to become part of Alton's exciting growth story.

    Property Features for 621 Alton Blvd

    General Information

    Property type
    Land

    HighLights

    • $295,000 asking price.
    • 21,276 square foot commercial land parcel.
    • Located at 621 Alton Boulevard, Alton, TX 78573.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Alton
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3129795
    Latitude
    26.292022

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    FAQs

    What type of property is this?
    Land - Prime 21,276 sq ft commercial lot. High-traffic location.
    Where is this land located?
    The property is located at 621 Alton Blvd Alton, TX.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: $295,000 asking price.; 21,276 square foot commercial land parcel.; Located at 621 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
    621 Alton Blvd Alton, TX 78573
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