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    1021 Business 83 Alamo, TX 78516

    For Sale
    $450,000

    Prime Alamo location, recently renovated, 1,560 sq ft.

    Property size:
    1,560 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 1,560-square-foot commercial property, situated on a 0.15-acre lot at 1021 W Business 83 in Alamo, Texas, presents a compelling investment opportunity. Its strategic location offers high visibility and convenient access, ensuring a consistent flow of potential customers. The property has undergone recent renovations, blending modern updates with a classic commercial aesthetic. This blend of modern functionality and prime location makes it suitable for a wide range of businesses. The asking price is $450,000. The property's central location within Alamo guarantees significant foot traffic and exposure, maximizing its potential for return on investment. This is a rare chance to acquire a renovated commercial space in a thriving Texas town, ready for immediate occupancy or lease. The property's size and location make it an ideal investment for entrepreneurs and seasoned investors alike, offering a strong foundation for future growth and profitability. Don't miss this chance to secure a valuable asset in a dynamic market.

    Property Features for 1021 Business 83

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,560 SF
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1982
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alamo
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1229
    Latitude
    26.18346

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Alamo location, recently renovated, 1,560 sq ft.
    Where is this commercial real estate located?
    The property is located at 1021 Business 83 Alamo, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    (956) 928-1155
    Request Owner's contact information
    1021 Business 83 Alamo, TX 78516
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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
    1021 Business 83 Alamo, TX 78516
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