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Property profile & analytics
OFF-MARKET Estimated value $605,000
Bars & Pubs

1755 Hwy 35th N Byp Alvin, TX 77511-2385

5,600 SF 1.86 ac lot Built 2014
Entity Owned 12-yr Hold Absentee Owner Free & Clear
Property ID
US82-8595743
Property summary
AI-generated overview

This exceptional .4-acre land parcel presents a prime ground lease opportunity on the bustling Highway 35 corridor, strategically positioned to serve the growing communities of Alvin, Pearland, and Friendswood, Texas. Its location ensures maximum visibility and accessibility, benefiting from heavy daily traffic flow. The property is shovel-ready, allowing for immediate development, saving valuable time and resources. Currently zoned N/A, this 17,424 square foot site is ideally suited for a coffee drive-thru, but its versatility makes it suitable for a range of retail or service-oriented businesses seeking high exposure and convenient access. The area's expanding population and the high volume of commuters create a strong demand for convenient services. This presents a unique chance to establish a business in a thriving location, capitalizing on the morning and afternoon rush hour traffic, and building a loyal customer base within the local community. The property's convenient access and high visibility make it an attractive investment for entrepreneurs seeking a successful business venture. The Brazoria County location, within the Houston submarket and Brazoria, Alvin submarket cluster, offers significant growth potential. The APN is 7469-0000-002, and the cross street is Bypass 35. This single-tenant property offers a compelling opportunity to establish a thriving business in a high-demand area.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 2014
Total area 5,600 SF
Lot 1.86 ac (81,022 SF)
APN 7469-0000-002
UPID US82-8595743
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
Current use
Occupant on record · Public records
  • The Bing Pizzeria & Draft House Restaurant
  • Pops and Hops Farmers Market Specialty Food Shop Farmer's Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$605k
Owner & transaction history
Highway 35 Djm LLC · 12 yrs held
Highway 35 Djm LLC
since 2014
3 recorded transactions
2019
Price N/A
2014
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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