107 Broadway St Monte Alto, TX 78538
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.
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
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.