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    S Parkway Dr Alvarado, TX 76009

    For Sale
    $150,000

    Unimproved Land - Alvarado, TX

    Type:Unimproved Land
    Lot size:
    1.00 Acre
    Days on Market:
    161
    Last Refresh:
    Dec 13 at 5:06 am

    Property Features for S Parkway Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R000023916
    Lot size
    1.00 Acre

    Building Details

    Building materials
    Metal Siding
    Architectural style
    Other

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

    Listing agent Gary Wallace (832) 283-3233

    Listing date Jul 6, 2025

    MLS# 20991849 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

    Commercial Land on Parkway Drive

    This property, now zoned commercial, features one acre of unimproved land with frontage road access on Parkway Drive. The property is located in Alvarado, Texas. The north one acre of Property ID R000023916 is included. A portion of the property is located within the 100-year flood zone. The property offers multiple potential business uses.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Alvarado
    County
    Johnson
    State
    Texas
    Longitude
    -97.21733267
    Latitude
    32.40352771

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    FAQs

    What type of property is this?
    Land - One acre of commercially zoned land with frontage road access.
    Where is this land located?
    The property is located at S Parkway Dr Alvarado, TX.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Zoned commercial, offering business opportunities; - Significant frontage road access on Parkway; - Includes a one-acre portion (North 1 acre of Property ID R000023916)
    (832) 283-3233
    Request Owner's contact information
    S 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
    S Parkway Dr Alvarado, TX 76009
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