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31658115
31658117

108 South Alamo Street, Refugio, TX 78377

TP
TX 814091
The Ron Brown Company
Listed by The Ron Brown Company
$450,000
53 days on market
Updated 4 days ago

108 South Alamo Street

Details
Property Type Retail, Mixed Use
Sub Type Storefront, Shopping Center
Square Footage 12,544
Units 5
Cap Rate 0.29%
NOI $1,300
Occupancy 9.81%
Tenancy Single
Lease Type Gross
Lease Term 5
Lease Expiration 08/25/2028
Remaining Term 2
Price per SqFt $894
Year Built 1965
Year Renovated 2017
Buildings 2
Stories 1
Acreage 2.550
Parking Spaces 76 spaces
Parking Per SqFt 6.06
Investment Type Redevelopment
Lease Commencement 08/25/2018
Ground Lease No
Ownership Shay Plaza LLC

High-Visibility Corner Investment Opportunity

Marketing description

Positioned at a high-visibility intersection in Refugio, this commercial strip mall offers a prime investment opportunity at the corner of S Alamo Street and U.S. Highway 77. This 12,544 square foot building sits on approximately 2.5 acres, providing ample space, accessibility, and room for future potential. With an estimated 10,000–15,000 vehicles passing daily, this location delivers exceptional frontage and consistent exposure for a wide range of businesses. The property is partially occupied with one established tenant already in place, offering immediate income potential. In addition, there are 4+ remaining units available, creating a value-add opportunity for investors or owner-operators to lease out the remaining spaces and increase cash flow. This strip center is ideal for retail, office, or service-based businesses looking to capitalize on steady local and through traffic. Whether you're expanding your portfolio or seeking a property with upside potential, this location delivers both current stability and future growth opportunity.

Investment highlights

12,544 SF building on 2.5 acres

Prime corner location on S Alamo St & Hwy 77

High daily traffic count (10,000–15,000 vehicles)

One income-producing tenant in place

Multiple vacant units ready for lease-up

Strong visibility and accessibility

Listing Contacts

TP
TX 814091
The Ron Brown Company
Listed by The Ron Brown Company

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,300.00
$108.33/mo

Valuation Metrics

0
DSCR
0.29%
Cap Rate
0.29%
ROI

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Additional Information

Name
Tiffany Petry
License
814091
Brokerage
The Ron Brown Company
Brokerage Phone
3615762353
Title
Real Estate Agent
Brokerage Address
2505 North Navarro Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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