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Property profile & analytics
OFF-MARKET
Specialty properties

107 Broadway St Monte Alto, TX 78538

14,600 SF 0.81 ac lot Built 2006
Property ID
Property summary
AI-generated overview

This exceptional 14,600 square foot, single-story Class B creative office building, constructed in 2006 and renovated in 2023, presents a unique investment opportunity in Elsa, Texas. The property, situated on a 0.809-acre lot (35,248 square feet), features eight suites with a minimum divisible space of 955 square feet and a maximum contiguous space of 4,950 square feet. Currently, 955 square feet are vacant, offering immediate occupancy potential. The building boasts 30 total parking spaces and is conveniently located at the crossroads of downtown Elsa, offering high visibility and traffic. Its strategic location near major retailers such as Walmart, Walgreens, H-E-B, and McDonald's ensures high foot traffic and customer accessibility. The property is all-electric and zoned CO (Commercial Office). The building features a professional exterior finish and benefits from strong anchor tenants. The property's APN is F7850-00-001-0009-00, and it's easily accessible via HWY 107, approximately 16 miles east of Edinburg Avenue. No elevators are present. Property taxes are $0 per square foot. This is an ideal location for businesses seeking high visibility and convenient access to a thriving retail environment.

Property profile
Verified
Property type Specialty properties
Year built 2006
Total area 14,600 SF
Lot 0.81 ac (35,240 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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