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Property profile & analytics
OFF-MARKET
Strip malls

824 Adoue St Alvin, TX 77511-2604

5,824 SF 1.96 ac lot Built 2020
Entity Owned 7-yr Hold Free & Clear
Property ID
US82-5225082
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2020
Total area 5,824 SF
Lot 1.96 ac (85,378 SF)
APN 6818-0001-120
UPID US82-5225082
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
Current use
Occupant on record · Public records
  • QT Nails & Spa Nail Salon
  • Safe Avenue Insurance Service TX Insurance Agency
  • LP nails and spa Nail Salon
  • Premier Solar Alvin Solar Energy Contractor
  • Lpnailsandspaalvin Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Quoc Huong LLC · 7 yrs held
Quoc Huong LLC
since 2018
5 recorded transactions
2019
Price N/A
2018
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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