2205 Main Ave Alton, TX 78573-4207
This exceptional 1,050 square foot commercial land opportunity is located at 2205 E Main Avenue in the rapidly growing city of Alton, Texas, zip code 78573. Situated on a high-traffic corner of Main Avenue and Linares Street, this property boasts excellent visibility and accessibility. Currently zoned residential, the seller mandates rezoning to commercial for any future use. The property includes a 2-bedroom, 1.5-bathroom home, potentially usable as an office or for other commercial purposes, along with two additional structures currently used for storage. This prime location is surrounded by a mix of multi-family residences, retail businesses, medical offices, and other commercial enterprises, presenting a diverse and thriving business environment. The asking price is $255,000. The property is owner-occupied, and showings of the structures are by appointment only, following an accepted offer. Built in 1983, this property presents a unique chance to capitalize on Alton's growth. Don't miss this chance to invest in a high-potential commercial location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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