200-324 House St Alvin, TX 77511
Alvin Towne Center presents a compelling investment opportunity in the vibrant city of Alvin, Texas. This established retail center comprises three buildings totaling 76,468 square feet on a 5.51-acre parcel. The property features two multi-tenant retail buildings and one single-tenant building, providing a diverse tenant mix. Currently, the center boasts a strong occupancy rate with a variety of established businesses, including Security Finance of Texas LP, Vapor Toro Imports, URSC Alvin LLC, Stephen F. Austin Community Health Center, Las Flores Restaurant, Herbal Life Trademarking, Flooring and Remodeling, Watermill Express, Inc, Classic Work, La Mejor Meat Market, Jeter Chiroptic, and Ann Luu Guerra’s House of Warriors. Two retail spaces are currently available, ranging from 3,800 to 4,400 square feet, presenting immediate income potential or the opportunity to customize for a specific tenant. The property includes ample parking with 262 spaces, ensuring convenient access for customers and employees. Built in 1964, the center is zoned 0034 within Brazoria County and benefits from its established location within a thriving community. This property offers a solid foundation for future growth and a strong return on investment. The available spaces provide a unique opportunity to expand existing businesses or attract new tenants to this well-established retail center.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.