300 Alton BlvdAlton, TX 78573

Property Details for 300 Alton Blvd

Year built

2014

Lot size

0.30 AC

Property size (Sq ft)

5,662 SF

Zone code

EAF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

A3700-00-005-0001-00

APU

A370000005000100

Description

JEMA Plaza, located at 300 S Alton Blvd in Alton, Texas (zip code 78573), presents a unique opportunity for businesses seeking prime office space. This single-story, Class B building, constructed in 2014, offers a total of 5,662 square feet across seven suites. Currently, 2,850 square feet are available for lease, with a minimum divisible space of 950 square feet. The property sits on a 0.34-acre lot and is zoned for commercial use. Its location in a high-traffic area makes it ideal for businesses seeking high visibility. The building's design caters to both executive and creative office needs, making it a versatile option for a variety of businesses. The property's APN is A3700-00-005-0001-00. Three spaces are immediately available, ranging from 720 to 950 square feet, perfect for smaller businesses or those seeking expansion. The property's classification as both retail and office space provides flexibility for a wide range of potential tenants. This corner building offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent location in Alton, Texas. The property is situated within a retail and office submarket cluster.

• CAP approach

  CAP return

  Valuation

  6%

  $1,143,769

  6.5%

  $1,055,787

  7%

  $980,374

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,230,369

  Geo Method

  $3,242,743

• Alternative Use

  Use

  Valuation

  Residential

  $890,596

  Hospitality

  $815,781

  Educational

  $678,720

  Medical

  $702,062

  Retail

  $1,055,787

Location Insight

City

Alton

County

Hidalgo

State

Texas

Latitude

26.2845

Longitude

-98.3137

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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