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    202 N Parkway Dr Alvarado, TX 76009

    For Sale
    $495,000

    Office - Alvarado, TX

    Type:Office
    Lot size:
    0.20 Acres
    Days on Market:
    155
    Last Refresh:
    Dec 8 at 2:06 pm

    Property Features for 202 N Parkway Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    APN
    R000008247
    Parking features
    On Street, Parking Lot
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1943
    Flooring type
    Hardwood
    Roof type
    Asphalt
    Architectural style
    Other

    Lake Homes Realty (205) 985-2991 [email protected]

    Listing agent Gary Wallace (832) 283-3233

    Listing date Jul 7, 2025

    MLS# 20977965 Listing URL

    Copyright © 2025 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

    Remodeled Office Building in Alvarado

    This is a 2,263 square foot office building located in Alvarado, Texas. The property has been completely remodeled and is ready for business operations. The lot size is 0.195 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    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
    -97.21794
    Latitude
    32.408454

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    FAQs

    What type of property is this?
    Office building - Remodeled 2,263 sqft office building ready for immediate business use.
    Where is this office building located?
    The property is located at 202 N Parkway Dr Alvarado, TX.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Completely remodeled 2,263 sqft space; - Ready for business use; - Beautiful hardwood flooring
    (832) 283-3233
    Request Owner's contact information
    202 N Parkway Dr Alvarado, TX 76009
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    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
    202 N Parkway Dr Alvarado, TX 76009
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