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    805 N Parkway Dr Alvarado, TX 76009

    For Sale
    Contact for pricing

    Unimproved Land - Alvarado, TX

    Type:Unimproved Land
    Lot size:
    0.95 Acres
    Days on Market:
    153
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 805 N Parkway Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    126247300060
    Lot size
    0.95 Acres

    Building Details

    Year built
    2020
    Architectural style
    Other

    Dallas Compass, LLC. (214) 814-8100

    Listing agent Monika Guzman (214) 814-8100 License #0573987

    Listing date Jul 14, 2025

    MLS# 20994870 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 Near I-35W and Hwy 67

    This 0.95-acre unimproved land is located near the intersection of I-35W and Hwy 67 in Alvarado, Texas. The site is adjacent to national brands such as Taco Bell, McDonald's, Star Car Wash, and Liquor Depot, and is next door to two major hotels: Holiday Inn Express an Suites Alvarado and IHG Hotel and Comfort Inn and Suites. The property is flat, cleared, and highly visible, making it ideal for various uses including quick-service restaurants, retail pad sites, automotive services, or medical facilities. Utilities are available at the site. The zoning is C2 commercial, allowing for mixed-use, retail, and office developments. There is an 8-inch sewer line in the street between this property and the Holiday Inn, with a tap running to the property, and a 6-inch water main in the same street. The property is available for ground lease with negotiable terms, with a preference for long-term leases (10–20 years) and is delivered as-is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alvarado Express Car ... Car Wash

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Alvarado
    County
    Johnson
    State
    Texas
    Longitude
    -97.226029
    Latitude
    32.418281

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    FAQs

    What type of property is this?
    Commercial land - Unimproved land near I-35W and Hwy 67 in Alvarado, TX
    Where is this commercial land located?
    The property is located at 805 N Parkway Dr Alvarado, TX.
    What is the asking price?
    The asking price for this property is $3.
    What are key features of this property?
    This property features: - Prime location with high visibility near I-35W and Hwy 67; - Utilities available at the site, including an 8-inch sewer line and a 6-inch water main; - Adjacent to national brands such as Taco Bell and McDonald's, and major hotels
    (214) 814-8100
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    805 N Parkway Dr Alvarado, TX 76009
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    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
    805 N Parkway Dr Alvarado, TX 76009
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