515 Main Ave Alton, TX 78573-6839
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.