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    1701 Fairway Dr Alvin, TX 77511

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    1701 Fairway Dr Alvin, TX 77511


    • Strip malls
    • 67,723 SF
    • 7.87 lot acres
    Retail Space in Fairway Plaza For Lease
    $1,450,000

    Retail Space in Fairway Plaza

    Retail space available in a busy shopping center.

    1701 Fairway Dr, Alvin, TX 77511
    View Listing
    Property ID
    US82-4192854
    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.

    Value Estimations
    $1,450,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Planet Fitness / Gym & Fitness Center
    • Alvin Dental / Physician
    • La Michoacana Meat Market / Take-out & Catering / Butcher
    • Medic One Pharmacy / Pharmacy
    • Dollar Smart / Discount Store

    Property Details for 1701 Fairway Dr

    Year built
    1980
    Lot size
    7.87 lot acres
    Property size
    67,723 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    0161-0057-130
    APU
    1610057130

    Description

    Invest in the Fairway Shopping Center, a prime retail property situated at the intersection of Hwy 35 South and Fairway in Brazoria County. This 91,360 square foot center boasts a strong national tenant presence, anchored by Planet Fitness, and surrounded by complementary businesses including Palais Royal, Rue 21, and Cici's Pizza. Currently, there are three suites available, with a significant 72,838 square feet of vacant space presenting a unique opportunity for expansion or new tenancy. The property sits on 8.52 acres of land and was built in 1983. Its strategic location offers exceptional visibility from Hwy 35, ensuring high traffic and customer exposure. The center also benefits from its proximity to Alvin Community College, providing a substantial customer base. Ample on-site parking and easy access in and out of the center further enhance its appeal. In addition to the retail space, warehouse space is also available for lease, adding to the property's versatility and investment potential. This is a rare opportunity to acquire a well-located retail center with significant upside potential in a growing market. The existing tenant mix provides a solid foundation for future growth and expansion.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $920,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,982,000
      Market price range: $1.54M - $4.35M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Alvin
    County
    Brazoria
    State
    Texas
    Longitude
    -95.2324
    Latitude
    29.4064
    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
    $498,110
    $6,001,890
    $6,500,000
    -
    $498,110
    $6,001,890
    $6,500,000
    View Listing
    More about this property
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