824 Adoue St Alvin, TX 77511-2604
This exceptional mixed-use property, located at 824 E Adoue St in Alvin, Texas, presents a unique investment opportunity. The 5,824 square foot building, constructed in 2020, boasts a Class A designation and sits on a 1.96-acre lot. Currently vacant, this single-story structure offers significant potential for immediate income generation. The property is comprised of three suites: Suite A (approximately 1600 square feet) is a fully furnished, turn-key nail salon; Suite B (approximately 1500 square feet) is a shell space ready for tenant build-out; and Suite C (approximately 2654 square feet) is a fully furnished, turn-key cafe/restaurant. The property benefits from its high-traffic location and excellent walkability to nearby residential areas, ensuring strong visibility and potential for a diverse clientele. The asking price is $2,000,000. This property is situated in Brazoria County, Texas, zip code 77511. The property's prime location and versatile layout make it an ideal investment for savvy entrepreneurs seeking a high-return opportunity in a thriving Texas market. The building's modern construction and existing tenant improvements minimize upfront capital expenditures, allowing for a quicker return on investment.
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QT Nails & Spa Nail Salon
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Safe Avenue Insurance Service TX Insurance Agency
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LP nails and spa Nail Salon
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Premier Solar Alvin Solar Energy Contractor
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Lpnailsandspaalvin Nail Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2018Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.