Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    700 Jackson Ave Alton, TX 78573
    Back to Search
    Property profile & analytics

    700 Jackson Ave, Alton, TX 78573

    View on Map
    • Showrooms
    • 45,700 SF
    • 4.01 lot acres
    Off-Market
    Property ID
    US82-2237448
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $7,665,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Showrooms

    Property Details for 700 Jackson Ave

    Year built
    2003
    Lot size
    4.01 lot acres
    Zone code
    CO
    Property type
    Showrooms
    APN
    R3297-00-000-0001-00
    APU
    R329700000000100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 16, 2019 — Bam River Valley LP — Deed · related $15k · Starwood Mtg Cap
    Mar 30, 2015 — Bam River Valley LP Amreit River Valley LP Grant Deed · related —
    Mar 3, 2015 — Bam River Valley LP Amreit River Valley LP Grant Deed · related —
    Apr 4, 2005 — River Valley Amreit Whitewing 83 Ltd Grant Deed $16.4M · Morgan Stanley Mtg Capital INC
    — — Bam River Valley LP — Deed Of Trust · related $10M · Bank Of Tx
    — — Bam River Valley LP — Deed Of Trust · related $15k · Starwood Mtg Cap

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $7,710,000
      6.5%
      $7,120,000
      7%
      $6,610,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $8,210,000
      Market price range: $2.36M - $10.0M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $6,040,000
      Current use
      OFFICE BUILDING
      $9,625,000
      Change: +59% Conversion: Easy
      RETAIL STORES
      $6,800,000
      Change: +13% Conversion: Easy
      AUTO REPAIR, GARAGE
      $6,455,000
      Change: +7% Conversion: Difficult
      RESTAURANT
      $6,395,000
      Change: +6% Conversion: Difficult
      WAREHOUSE, STORAGE
      $5,000,000
      Change: -17% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Alton
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2061
    Latitude
    26.1933
    CBSA code
    32580
    CBSA name
    MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $108,649
    $2,938,085
    $2,494,388
    $5,432,473
    -
    $2,938,085
    $2,494,388
    $5,432,473

    Comparable in this City

    • Value Estimation
      $1,250,000
      12,920 SF

      4105 Conway Ave

      SHOW ROOM, WAREHOUSE
      4105 Conway Ave, Palmhurst, TX 78573-1673
      View Details
    • Value Estimation
      $805,000
      8,100 SF

      622 Alton Blvd

      SHOW ROOM, WAREHOUSE
      622 Alton Blvd, Mission, TX 78573
      View Details
    • Value Estimation by Request
      1,200 SF

      Conway Ave

      SHOW ROOM, WAREHOUSE
      Conway Ave, Mission, TX 78573
      View Details
    • Value Estimation by Request
      1,500 SF

      Hwy 107

      SHOW ROOM, WAREHOUSE
      Hwy 107, Mission, TX 78573
      View Details
    • Value Estimation
      $995,000
      6,900 SF

      226 Alton Blvd

      SHOW ROOM, WAREHOUSE
      226 Alton Blvd, Alton, TX 78573-0987
      View Details
    • Value Estimation
      $920,000
      8,990 SF

      2708 Main Ave

      SHOW ROOM, WAREHOUSE
      2708 Main Ave, Alton, TX 78573
      View Details

    Similar Nearby for Sale

    • $972,000

      8,000 SF Retail Building

      Freestanding retail building in Alton, Texas, with high visibility.
      622 Alton Blvd, Alton, TX 78573
      View Details
    • $230,000
      1,692 SF

      Mission TX Commercial Building

      Versatile commercial building with income potential in Mission, TX.
      104 N Mayberry Rd, Mission, TX 78573
      View Details
    • $1,980,000
      10.77 Acres

      Commercial Land in Mission, TX

      Commercial and residential land suitable for retail and residential development.
      2012 W Mile 3 Rd N, Mission, TX 78573
      View Details
    • Contact for pricing
      6,783 SF

      Alton Plaza Retail Property

      Retail property in Alton, TX with strong growth potential.
      301 N Alton Blvd, Alton, TX 78573
      View Details
    • $475,000
      2,520 SF

      Versatile Commercial Property in Alton

      Retail, office, and warehouse space in a growing corridor.
      1326 Alton Blvd, Alton, TX 78573
      View Details
    • $800,000
      1,500 SF

      Alton Commercial Property - Huge Potential

      Prime Alton location, 1.96 acres, owner financing.
      708 Main Ave, Alton, TX 78573
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      9,998 SF

      Mission Retail Space For Lease

      Retail space available in high-traffic Mission location.
      10211 Mile 7 Rd, Mission, TX 78573
      View Details
    • Contact for pricing
      7,608 SF

      Alton Retail/Office Building For Rent

      Freestanding building at a high-traffic intersection, upgraded in 2024.
      4210 E Main Ave, Alton, TX 78573
      View Details
    • $20 SF/Yr
      9,998 SF

      Retail Space in Plaza Emmanuel

      Retail suites available for lease in high-traffic Mission location.
      10211 Mile 7 Rd, Mission, TX 78573
      View Details
    • Contact for pricing
      1,789 SF

      9,998 SF Plaza Space Available

      Office and retail spaces available in high-traffic Mission plaza.
      10400 N 103Rd St, Mission, TX 78573
      View Details
    • $1,103 /Mo
      735 SF

      Retail Space in Alton, TX

      Prime retail space available in high-traffic Alton location.
      2115 E Main Ave, Alton, TX 78573
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    700 Jackson Ave
    Alton, TX 78573
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    700 Jackson Ave, Alton, TX, 78573
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!