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Property profile & analytics
OFF-MARKET
Land

509 Alton Blvd Alton, TX 78573

1 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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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