Corner Commercial Development
100 N Parkway Drive, Alvarado, TX 76009
- Added:
- Jan 2, 2026
- Days on Market:
- 151
- Last Refresh:
- Jun 2 at 9:06 pm
Property Features for 100 N Parkway Drive
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- R000008197
- Lot size
- 0.22 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Floors in Building
- 1
- Number of units
- 1
Listing agent Gary Wallace License #0764218 (254) 266-0688
Listing office Gary Wallace Realty Whitney, TX (254) 266-0688
Listing date Jan 2, 2026
MLS# 21141500
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HighLights
- 0.224‑acre corner lot near downtown Alvarado, Texas on a busy street
- C‑2 Commercial District 2 zoning
- Previously operated as a 7‑unit studio mini hotel
- Last renovated in 2014; property is currently vacant and boarded up
- Utilities available: public water and public sewer
Overview
This offering presents a 0.224-acre corner lot in Alvarado, Texas, previously developed as a 7-unit studio mini hotel. The property was last renovated in 2014, and it is currently vacant and boarded up. The site offers a redevelopment opportunity for an investor looking to convert the existing improvements into a cash-flowing asset or to pursue a tear-down and re-purpose for a new commercial use.
Situated on a busy street and positioned for strong visibility, the location supports a range of commercial concepts within Johnson County. The property is identified as being in Zoning C-2, Commercial District 2. Prospective buyers should verify all details, including zoning-related requirements and any assumptions about allowable uses and on-site conditions, as part of their due diligence.
For investors, the property fits a hands-on strategy where value can be created through renovation and re-tenanting or through ground-up redevelopment. For operators exploring a smaller infill-style footprint, the combination of a corner setting and prior hospitality improvements may be a workable starting point, subject to verification of feasibility, permitting, and final site plans.
Situated on a busy street and positioned for strong visibility, the location supports a range of commercial concepts within Johnson County. The property is identified as being in Zoning C-2, Commercial District 2. Prospective buyers should verify all details, including zoning-related requirements and any assumptions about allowable uses and on-site conditions, as part of their due diligence.
For investors, the property fits a hands-on strategy where value can be created through renovation and re-tenanting or through ground-up redevelopment. For operators exploring a smaller infill-style footprint, the combination of a corner setting and prior hospitality improvements may be a workable starting point, subject to verification of feasibility, permitting, and final site plans.
Property Profile
Location Intelligence
Current Use by Public Records
Parkway Park
Family Recreation Center
Location Insight
- Map
- Local Demand
- City
- Alvarado
- County
- Johnson
- State
- Texas
- Longitude
- -97.2176455
- Latitude
- 32.4078949
Nearby Similar for Sale
FAQs
What type of property is this?
Hotel - Corner lot in a C-2 commercial district, formerly improved with a mini hotel—ideal for redevelopment or income-oriented conversion.
Where is this hotel located?
The property is located at 100 N Parkway Drive Alvarado, TX.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 0.224‑acre corner lot near downtown Alvarado, Texas on a busy street; C‑2 Commercial District 2 zoning; Previously operated as a 7‑unit studio mini hotel
