225 Sealy St Alvin, TX 77511-2340
- Retail space
- 4,773 SF
- 0.11 lot acres
Current Use by Public Records
- The Venue On Sealy / Wedding Venue / Event Venue
- Hardy Commercial Cleaners Inc. / Commercial Cleaning Service
Property Details for 225 Sealy St
- Year built
- 1934
- Lot size
- 0.11 lot acres
- Property size
- 4,773 SF
- Property type
- Retail space
- APN
- 1235-0125-000
- APU
- 12350125000
Description
This 4,773 sq ft event center, built in 1934 and completely renovated in 2021, is located at 225 W Sealy St in Alvin, Texas (77511), Brazoria County. The property sits on a 0.11-acre lot and boasts 45 feet of prime Sealy Street frontage, offering excellent visibility and accessibility. Currently operating at 100% occupancy since July 15, 2021, this single-story building is zoned for commercial use and features a stylish interior with stained concrete floors, open spaces, and an exposed ceiling. Amenities include three bathrooms, changing rooms, and a kitchen. The property's versatile layout is ideal for a variety of uses, including its current function as an event center (weddings, parties, corporate events), or as a restaurant, retail space, gallery, or community center. The asking price is $499,900, translating to $104.73 per square foot. This represents a unique investment opportunity in a growing community with high demand for unique commercial spaces. The property's central location provides convenient access to local amenities, shops, and restaurants. This well-known community landmark offers significant potential for appreciation and rental income.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $355,000
- 6.5%
- $405,000
- 7%
- $385,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $385,000
- Geo Method
- $455,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $345,000
- Retail
- $460,000
- Mixed-Use
- $440,000
- Hospitality
- $390,000
- Educational
- $375,000
- Residential Income
- $405,000
- Energy
- $405,000
- Income-Based Land
- $415,000
- Food Service
- $420,000
Location Insight
- Map
- Local Demand
- City
- Alvin
- County
- Brazoria
- State
- Texas
- Longitude
- -95.2455
- Latitude
- 29.4235
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA