102 Gordon St Alvin, TX 77511
Property profile & analytics
102 Gordon St, Alvin, TX 77511
- Investment properties
- 10,499 SF
- 0.33 lot acres
Property ID
US82-2014086
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Jadyn Pittman, REALTOR / Real Estate Agency
- Moore Group Realty / Real Estate Agency
- ZOMADD / Clothing & Fashion Store
Property Details for 102 Gordon St
- Year built
- 1912
- Lot size
- 0.33 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 3497-2000-000
- APU
- 34972000000
Description
This exceptional mixed-use property, located at 100/102 N Gordon St in Alvin, Texas, presents a unique investment opportunity. The 14,036 square foot building, constructed in 1912 and renovated in 2015, features a blend of executive office, restaurant, and storefront spaces, currently housing four tenants including Edward Jones and Gordon Street Tavern. With a stabilized investment profile, a 7.41% cap rate, and a strong NOI of $133,391, this property offers significant potential. The current lease structure is NNN, with a multi-tenant occupancy of 50% and a remaining lease term of 8.9 years (commencing January 1, 2020, and expiring October 15, 2033). Leases include 3-year rent bumps to market rate. The property sits on a 0.5-acre lot and is a two-story building. The asking price is $1,800,000 ($128.24/sq ft). This prime location in downtown Alvin offers high visibility and significant foot traffic. The property's historic character and versatile spaces make it an ideal investment for both seasoned investors and those seeking a unique opportunity in a thriving Texas market. The building is classified as Class B and is situated in a Qualified Opportunity Zone. Further development potential exists on the second floor.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,445,000
- 6.5%
- $1,335,000
- 7%
- $1,235,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Alvin
- County
- Brazoria
- State
- Texas
- Longitude
- -95.2438
- Latitude
- 29.4241
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2018
$0.00
$56,060
$1,257,030
$1,313,090
-
$56,060
$1,257,030
$1,313,090
