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    4728 Highway 67 Alvarado, TX 76009

    For Sale
    $1,000,000

    Highway 67 Mixed-Use Property: $1M

    Property size:
    5,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional Alvarado, TX property offers a unique investment opportunity, combining a substantial commercial building with a comfortable residential home. The 5,000+ square foot metal commercial building boasts three roll-up doors, ideal for light industrial or storage needs, and includes 864 square feet of office space. Its prime location provides over 250 feet of highway frontage on Highway 67, ensuring high visibility and accessibility. The accompanying four-bedroom, two-bathroom home is situated on the same 1.31-acre lot and features recent updates, including new flooring, granite countertops in the kitchen, and fresh paint throughout. Both the commercial building and the residential home share a septic system. This combined property presents a rare chance to acquire a versatile asset with significant potential for various business ventures and comfortable living arrangements. The home's parcel number is 126088200372. This turnkey operation is priced at $1,000,000 and offers a compelling blend of commercial and residential space in a desirable location. The property's size and highway frontage make it an attractive proposition for entrepreneurs and investors alike. The updated home provides comfortable living quarters, while the large commercial building offers ample space for a variety of uses. This is a rare opportunity to own a substantial property with both residential and commercial components in a single purchase.

    Property Features for 4728 Highway 67

    General Information

    Property type
    Investment properties
    Square Feet
    5,000 SF
    Lot Size
    57,064 SF

    Building Details

    Year Built
    2012
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Kitchen & Bath Department Store HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Alvarado
    County
    Johnson
    State
    Texas
    Longitude
    -97.28432
    Latitude
    32.4001

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    FAQs

    What type of property is this?
    Investment property - Highway 67 Mixed-Use Property: $1M
    Where is this investment property located?
    The property is located at 4728 Highway 67 Alvarado, TX.
    What is the asking price?
    The asking price for this property is $1,000,000.
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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
    4728 Highway 67 Alvarado, TX 76009
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