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    5416 Highway 67 Alvarado, TX 76009

    For Sale
    $2,100,000

    Alvarado, TX: Multi-use Commercial Estate

    Property size:
    2,059 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional Alvarado, TX commercial property boasts significant highway frontage on Highway 67, enjoying over 21,000 daily vehicle counts. The 4.09-acre lot features a diverse range of structures, ideal for multiple business ventures or a large-scale operation. The main building is a 2,400 square foot tire shop, complete with eight roll-up bay doors, an attached 112 sq ft office and bathroom. Additional structures include a 60x40 insulated metal shop with a roll-up door, RV hookup, and covered bay

    Property Features for 5416 Highway 67

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,059 SF
    Lot Size
    178,160 SF

    Building Details

    Year Built
    1975
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Department Store Food Market HVAC Service Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Alvarado
    County
    Johnson
    State
    Texas
    Longitude
    -97.2671
    Latitude
    32.40522

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    FAQs

    What type of property is this?
    Commercial real estate - Alvarado, TX: Multi-use Commercial Estate
    Where is this commercial real estate located?
    The property is located at 5416 Highway 67 Alvarado, TX.
    What is the asking price?
    The asking price for this property is $2,100,000.
    Request Owner's contact information
    5416 Highway 67 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
    5416 Highway 67 Alvarado, TX 76009
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