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Property profile & analytics
OFF-MARKET
Strip malls

515 Main Ave Alton, TX 78573-6839

7,836 SF 0.56 ac lot Built 2017
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US82-3192505
Property summary
AI-generated overview

This exceptional commercial property located at 515 W Main Avenue #3, Alton, TX 78573, presents a unique investment opportunity. The property consists of a single-tenant building encompassing 8,072 square feet situated on a substantial 24,394.036 square foot lot. Currently, 2,630 square feet of the building is vacant, offering immediate potential for lease or occupancy. The property boasts ample parking with 30 spaces available for tenants and customers. Its ideal location makes it perfectly suited for a variety of commercial uses, including retail or office spaces. The property's APN is A360000006000105. A key advantage is the availability of a pylon sign, providing excellent visibility and branding opportunities for businesses seeking high traffic exposure in this vibrant area. This property offers a blend of existing structure and vacant space, providing flexibility for immediate use and future expansion. The single-tenant setup simplifies management, while the substantial lot size allows for potential future development or expansion. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Texas market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2017
Total area 7,836 SF
Lot 0.56 ac (24,394 SF)
APN A3600-00-006-0001-05
UPID US82-3192505
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Main Alton LLC · 7 yrs held
Main Alton LLC
since 2019
7 recorded transactions
2019
Price N/A
2019
Price N/A
2018
Price N/A
2017
Price N/A
2017
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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