Technical
Financial
Distress signals
Property profile

301 College Ave Alvarado, TX 76009

OFF-MARKET
Commercial real estate
Property ID
US82-4771416
5,600 SF 0.48 ac lot Built 1980
Individually Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 5,600 square foot retail property is situated on a 0.48-acre corner lot in the heart of downtown Alvarado, Texas. Alvarado boasts a unique blend of small-town charm and significant commercial growth, making this an ideal location for a new business venture or expansion. The property's prime location offers excellent visibility and accessibility, with convenient proximity to major transportation arteries, including Interstate 35W and Highway 67. The building presents a fantastic opportunity for entrepreneurs seeking a thriving business environment. Its size and layout offer considerable flexibility for a variety of retail uses. The property's location in the oldest city of Johnson County ensures a strong sense of community and established local clientele. This is a rare chance to own a substantial commercial property in a rapidly developing area with high potential for return on investment. A similar property, located directly across the street at 209 E College Avenue, is also available for purchase (MLS 20696540). This presents a unique opportunity for a business to acquire adjacent properties for expansion or synergistic operations. Don't miss this chance to establish your business in a vibrant and growing Texas town.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1980
Total area 5,600 SF
Lot 0.48 ac (20,996 SF)
APN 126.2431.04400
UPID US82-4771416

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

301 College Ave Alvarado, TX 76009-4311
Alvarado metro Census 130417 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2026
2 recorded transactions
2026
$538,650
2026
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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