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$599,000

LOT 2 Alsace Ave, Castroville, TX, 78009

On MarketInfo
CommercialInfo

About this property

Prime commercial opportunity in the growing community of Castroville, Texas! This 1.99-acre vacant commercial tract is ideally positioned along highly traveled Hwy 90 West with access from Alsace Ave, and Houston St, offering excellent visibility, accessibility, and development potential. Located just minutes from San Antonio and within one of Medina County's fastest-growing corridors, this property is well-suited for a wide variety of commercial uses. The level site provides ample space for development and could accommodate businesses such as a retail center, convenience store, restaurant, coffee shop, medical or professional offices, warehouse/showroom, automotive services, or mixed-use commercial project. With strong highway exposure and convenient ingress/egress, the property also presents an excellent opportunity for investment or future expansion in a rapidly developing area. Whether you are looking to establish a new business location, expand your portfolio, or develop in a high-growth market, this versatile commercial tract offers outstanding potential in a prime Castroville location.

Investor Tools

$0Estimated Mortgage Balance
$599,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Shannon Richardson

Keller Williams City-View

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Castroville