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

    408 N Parkway Dr Alvarado, TX 76009

    New
    For Sale
    $225,000

    Improved Land - Alvarado, TX

    Lot size:
    1.10 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 12 at 12:06 pm

    Property Features for 408 N Parkway Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    126031300800
    Lot size
    1.10 Acres

    Building Details

    Year built
    1950
    Architectural style
    Other

    CENTURY 21 Judge Fite Company (817) 960-9611 [email protected]

    Listing agent Ann Weaver (817) 960-9611 License #0431986

    Listing date Dec 10, 2025

    MLS# 21129049 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

    Land For Sale in Alvarado

    This property consists of approximately 1.096 acres of land. It is zoned C-2, and existing buildings are slated for demolition. Utilities including gas, water, and electric are currently available on site. The location experiences an estimated 6,000 vehicles passing by daily.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Alvarado
    County
    Johnson
    State
    Texas
    Longitude
    -97.218387
    Latitude
    32.410838

    Nearby Similar for Sale

    • $6,000,000
      19,000 SF

      Alvarado Agribusiness Estate with Luxury Ranch

      Turnkey commercial agribusiness estate on 40.38 acres in Alvarado, TX.
      6529 Asher Rd, Alvarado, TX 76009
      View Details
    • $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
    • $6,000,000
      40.38 Acres

      Turnkey Agribusiness Estate with Luxury Ranch

      Premier North Texas agricultural estate with commercial facilities and luxury living.
      6521 Asher Rd, 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 Rd, Alvarado, TX 76009
      View Details

    FAQs

    What type of property is this?
    Commercial land - One acre of land with utilities in Alvarado, Texas.
    Where is this commercial land located?
    The property is located at 408 N Parkway Dr Alvarado, TX.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - One acre lot size; - One acre with high traffic count (approx. 6000 per day); - Zoned C-2
    (817) 960-9611
    Request Owner's contact information
    408 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.
    408 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
    408 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.