Corner Retail/Office with
1348 N Tower Road, Alamo, TX 78516
New
- Added:
- Jun 4, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 8 at 10:06 am
Property Features for 1348 N Tower Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Security features
- Security System
- Exterior features
- BBQ Pit/Grill, Mature Trees, Motorized Gate, Sprinkler System
- Fencing
- Gate
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- E503000000001100
- Size
- 3,000 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 7119
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air, Wall Unit(s)
Building Details
- Year built
- 2006
- Floors in Building
- 1
- Building materials
- Stone, Stucco
Listing agent Joshua I. Benavides (956) 223-9200
Listing office BIG Realty 4847 S Jackson Rd., Pharr, TX (956) 465-0011
Listing date Jun 4, 2026
MLS# 492084
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime commercial corner location at Tower Road and Eldora Road in Alamo, TX, offering high visibility and strong exposure.
- High‑traffic location with easy access and outstanding curb appeal with mature landscaping.
- Features a working drive‑thru, private office, and a third space prepped for a full salon, providing flexibility for various business concepts.
- All‑concrete parking in both the front and rear, ensuring durability and ample parking.
- Includes two overhead doors, ideal for service, storage, or operational efficiency.
- Built in 2006 with stone and stucco construction, and equipped with central electric heating and cooling.
Overview
This commercial corner building includes a working drive-thru, a private office, and a third space prepped for a full salon, supporting owner-user flexibility or multiple business concepts. The property is designed for practical operations with two overhead doors, which can help accommodate service, storage, or other day-to-day needs. Mature landscaping and a durable site layout contribute to a clean, established appearance, and the building totals approximately 3,000 square feet on about 0.5 acres.
Located at 1348 N Tower Road in Alamo, Texas, the site sits at the corner of Tower Road and Eldora Road. The property is described as having a high-traffic setting with strong visibility, along with easy access and curb appeal. Parking is provided in both the front and rear using all-concrete improvements, supporting convenient customer and staff access.
The combination of drive-thru functionality, an office component, and salon-prepped space makes the property well suited for retail, food service, professional offices, or other concepts that can benefit from flexible interior space and straightforward service access. Two overhead doors and the on-site drive-thru add operational versatility for tenants or buyers seeking a building that can support more than one use type within a compact footprint.
Located at 1348 N Tower Road in Alamo, Texas, the site sits at the corner of Tower Road and Eldora Road. The property is described as having a high-traffic setting with strong visibility, along with easy access and curb appeal. Parking is provided in both the front and rear using all-concrete improvements, supporting convenient customer and staff access.
The combination of drive-thru functionality, an office component, and salon-prepped space makes the property well suited for retail, food service, professional offices, or other concepts that can benefit from flexible interior space and straightforward service access. Two overhead doors and the on-site drive-thru add operational versatility for tenants or buyers seeking a building that can support more than one use type within a compact footprint.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.2k | $30.72 |
| − Vacancy | −$25.3k | −$8.42 |
| EGI | $66.9k | $22.30 |
| − OpEx | −$16.7k | −$5.58 |
| NOI | $50.2k | $16.73 |
3,000 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$716.9K
$627.3K – $836.4K
NOI $50,181 @ 7.0% cap · market cap 8.43%
Second Best
Specialty Retail
$622.0K
$544.2K – $725.6K
NOI $43,538 @ 7.0% cap · market cap 7.32%
Theoretical Best
Hotel Hospitality
$2.26M
$1.98M – $2.64M
NOI $158,175 @ 7.0% cap · market cap 26.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Drive through restaurants
Location Insight
- Map
- Local Demand
- City
- Alamo
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.105189
- Latitude
- 26.21568
Nearby Similar for Sale
FAQs
What type of property is this?
Retail property - Own a corner property with working drive-thru, private office, salon-ready space, and durable concrete parking.
Where is this retail property located?
The property is located at 1348 N Tower Road Alamo, TX.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Prime commercial corner location at Tower Road and Eldora Road in Alamo, TX, offering high visibility and strong exposure.; High‑traffic location with easy access and outstanding curb appeal with mature landscaping.; Features a working drive‑thru, private office, and a third space prepped for a full salon, providing flexibility for various business concepts.
