Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    100 N Parkway Dr Alvarado, TX 76009

    Sponsored
    For Sale
    $200,000

    Unimproved Land - Alvarado, TX

    Type:Unimproved Land
    Lot size:
    0.22 Acres
    Days on Market:
    8
    Last Refresh:
    Jan 8 at 4:06 pm

    Property Features for 100 N Parkway Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R000008197
    Lot size
    0.22 Acres

    Building Details

    Architectural style
    Other

    Gary Wallace Realty (254) 266-0688

    Listing agent Gary Wallace (254) 266-0688 License #0764218

    Listing date Jan 1, 2026

    MLS# 21141500 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Alvarado Commercial Corner Lot

    This 0.224-acre corner lot is located close to downtown Alvarado, Texas, on a busy street. The property is zoned C-2, Commercial District 2, making it suitable for various business purposes. The site previously housed a 7-unit studio mini hotel, which was last renovated in 2014. Currently, the structure is vacant and boarded up. The property presents an opportunity for investors to develop a cash-flowing asset or to demolish the existing structure for an alternative purpose.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Parkway Park Playground

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alvarado
    County
    Johnson
    State
    Texas
    Longitude
    -97.21764552
    Latitude
    32.40789489

    Nearby Similar for Sale

    • $3,766,500
      2,022 SF

      Historic Ranch Property Near Alvarado

      279-acre ranch with a traditional home and abundant water sources.
      4045 County Road 212, Alvarado, TX 76009
      View Details
    • $174,500
      1.37 Acres

      Spacious Lot in Cotter Oaks

      1.05-acre lot with a 3-bedroom home and mature trees.
      402 S Watson St, Alvarado, TX 76009
      View Details
    • New
      $249,900
      1,080 SF

      Updated Home on Peaceful Acres

      Remodeled 3-bedroom home on 1.2 acres in Alvarado, TX.
      3709 County Road 401B, Alvarado, TX 76009
      View Details
    • $799,000
      0.75 Acres

      Corner Lot Commercial Property

      High-visibility corner lot suitable for various business models.
      5236 Highway 67 E, Alvarado, TX 76009
      View Details
    • $3,290,000
      13,200 SF

      New Alvarado Apartments with Amenities

      New one-bedroom apartments with modern amenities in a secure setting.
      8092 County Road 604, Alvarado, TX 76009
      View Details
    • $250,000
      0.63 Acres

      Commercial Property with Restaurant Potential

      Commercial property with existing restaurant and outdoor dining area.
      201 N Parkway Dr, Alvarado, TX 76009
      View Details
    • $65,000
      0.54 Acres

      Commercial Office Property in Alvarado

      8,350 SF commercial property on over half an acre.
      208 E Purdom Ave, Alvarado, TX 76009
      View Details
    • $2,498,000

      I-35W Warehouse with Yard

      23,400 SF warehouse on 2.3 acres near I-35W.
      6921 Cow Pasture St, Alvarado, TX 76009
      View Details
    • $1,000,000

      Industrial Building with Residential Home

      Industrial building with office space and updated four-bedroom home.
      4728 Highway 67 E, Alvarado, TX 76009
      View Details
    • $5,148,000
      52,000 SF

      Available Warehouse Space For Sale

      52,000 SF warehouse space with grade-level doors, parking.
      12713 Private Access 61702, Alvarado, TX
      View Details
    • Contact for pricing
      52,000 SF

      Alvarado Warehouse Near Highways

      52,000 sqft warehouse with easy highway access in Alvarado, TX.
      4632 County Road 617, Alvarado, TX 76009
      View Details
    • $2,100,000
      2,059 SF

      Highway 67 Commercial Property

      Alvarado, TX: Multi-use Commercial Estate
      5416 Highway 67, Alvarado, TX 76009
      View Details

    FAQs

    What type of property is this?
    Commercial land - Corner lot near downtown Alvarado, suitable for business development.
    Where is this commercial land located?
    The property is located at 100 N Parkway Dr Alvarado, TX.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Corner lot location close to downtown Alvarado, Texas.; - Zoned C-2, offering diverse business opportunities.; - Large .224 acre lot suitable for redevelopment or renovation.
    (832) 283-3233
    Request Owner's contact information
    100 N Parkway Dr Alvarado, TX 76009
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    100 N Parkway Dr
    Alvarado, TX 76009
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    100 N Parkway Dr Alvarado, TX 76009
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.