218 Sidnor St Alvin, TX 77511
- Retail space
- 6,000 SF
- 0.43 lot acres
Current Use by Public Records
- Last Roundup Feed Store / Animal Feed Store
Property Details for 218 Sidnor St
- Year built
- 1945
- Lot size
- 0.43 lot acres
- Property size
- 6,000 SF
- Property type
- Retail space
- APN
- 1235-0123-000
- APU
- 12350123000
Description
This 4,963 square foot storefront, located at 218 W. Sidnor St, Alvin, TX 77511, presents a compelling redevelopment opportunity. The single-story, 1945-built Class C building sits on a 0.43-acre corner lot with commercial zoning. Currently operating as a feed store with 100% occupancy, the property is available for purchase at $400,000 ($80.60/sq ft). The current month-to-month lease expires October 30, 2023, offering immediate possession for redevelopment. The property boasts a current cap rate of 3.44% and a pro-forma cap rate of 4.30%, with a pro-forma NOI of $17,215. This historic building offers significant potential for a variety of commercial uses, benefiting from its high visibility corner location in a growing community. The substantial lot size allows for potential expansion or future development. All information is deemed reliable but should be independently verified.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alvin
- County
- Brazoria
- State
- Texas
- Longitude
- -95.2455
- Latitude
- 29.4231
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
