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    239 Business 83 Hwy Alamo, TX 78516

    For Sale
    $875,000

    Income-producing, mixed-use property with development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property, situated at 239 E Business 83 Highway in Alamo, Texas, presents a compelling investment opportunity. Spanning nearly three acres, the property boasts two income-generating warehouses currently leased on a month-to-month basis. The larger warehouse, approximately 3,000 square feet, is presently configured as an auto shop, featuring three operational garage doors. The smaller warehouse, around 2,000 square feet, serves as a storage facility. Each warehouse includes a small office space and restroom facilities. Adding to the property's versatility, nearly two acres of vacant land are available, ideal for additional development, large machinery or vehicle parking, or the construction of new buildings. This prime location offers unparalleled convenience, situated just a short distance from the Alamo Fire Department, Alamo Police Department, and local schools. Its strategic position in the Mid-Valley area ensures easy access to major highways within a 2-5 minute drive, maximizing accessibility and exposure for any business. The existing rental income stream provides immediate return on investment, while the significant undeveloped land offers substantial potential for future expansion and growth. This property is a rare find, combining immediate income with significant long-term development possibilities.

    Property Features for 239 Business 83 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    130,680 SF

    Building Details

    Year Built
    2018
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alamo
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.10236
    Latitude
    26.17952

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    FAQs

    What type of property is this?
    Commercial real estate - Income-producing, mixed-use property with development potential.
    Where is this commercial real estate located?
    The property is located at 239 Business 83 Hwy Alamo, TX.
    What is the asking price?
    The asking price for this property is $875,000.
    (956) 928-1155
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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
    239 Business 83 Hwy Alamo, TX 78516
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