Technical
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Property profile

19402 Highway 6 Alvin, TX 77511

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional commercial property in Alvin, Texas, offers a unique investment opportunity. Encompassing approximately 3.28 acres of land, this parcel is strategically located on East Highway 6, providing convenient access to Highway 35. The property includes two tracts, identified by tax IDs 3673-0000-0001-010 and 3673-0000-0001-012, and is being sold together. Currently featuring a modular/portable building, the land is zoned for mixed-use purposes, allowing for a variety of commercial ventures, including office, retail, or special purpose uses. Alvin's rapid growth is evident with several new residential subdivisions underway, and the recent announcement of a significant $200 million hospital and medical complex on Highway 35 further underscores the area's promising future. This prime location, less than five minutes from Highway 35, presents a compelling opportunity for developers and investors seeking a substantial land holding in a thriving Texas market. The asking price for this expansive property is $710,000. The property's versatility and strategic location make it an ideal investment for those seeking to capitalize on Alvin's dynamic growth trajectory. The existing modular building offers immediate potential for use or redevelopment.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store Party Supply Store
  • Arcade & Gaming Center Family Recreation Center

Location

19402 Highway 6 Alvin, TX 77511
Alvin metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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