509 Alton Blvd Alton, TX 78573
This exceptional 1-acre commercial land parcel, located at 509 N Alton Boulevard in Alton, Texas, presents a remarkable investment opportunity. Boasting 130 feet of frontage and 293 feet of depth on Alton Boulevard, this property offers excellent visibility and accessibility. Its strategic location places it within minutes of essential city services, including City Offices, the Police Department, City Park, shopping centers, and schools, ensuring high traffic and convenient access for any commercial venture. The City of Alton is actively providing incentives to qualified buyers, making this an even more attractive proposition. Note that this property is one of four available lots. Lot 1 (the subject property) is 1 acre. Adjacent lots include Lot 2 (1.68 acres with 250 feet of frontage on Alton Boulevard), Lot 3 (1.95 acres with potential direct access to Alton Boulevard), and Lot 4 (1.4 acres with potential direct access to Alton Boulevard). These lots can be purchased individually or as a group, offering flexibility to accommodate various development needs and scales. The combined acreage and strategic positioning of these lots present significant development potential for a wide range of commercial uses. The asking price for this specific 1-acre lot is $499,000. Zip code is 78573.
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
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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.