Vanilla-Box Retail
New
For Sale
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1716 N Alamo Road Unit 8, Alamo, TX 78516
Three available suites offer flexible retail layouts with water included in the modified gross lease.
Property Size911 SF
Price / SF$1.32
Days on Market2
Property Features for 1716 N Alamo Road Unit 8
General Information
Standard status
Active
Size
911 SF
Property subtype
Commercial
Amenities
pylon signage
Building Details
Year Built
2013
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Oct 31
Changed: Nov 1
Last Checked: Nov 1 at 1:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SANETI REALTY GROUP
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Investment Insights
Based on property information with market context.
A neighborhood retail center at 1716 N Alamo Road offers three available suites, each approximately 911 square feet. The spaces are vanilla-boxed, and the center was built in 2013. The modified gross lease includes water.
The property sits on North Alamo Road, south of Minnesota Road. A large paved parking area and pylon signage serve the center.
The property sits on North Alamo Road, south of Minnesota Road. A large paved parking area and pylon signage serve the center.
Key Highlights
- Three available retail suites, approximately 911 square feet per unit
- Vanilla‑boxed suite condition
- Modified gross lease includes water
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,300
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,000
$246.0K
Cap Rate 7%
$175,714
$175.7K
Cap Rate 9%
$136,667
$136.7K
Market Conditions
NOI Build-Up for 911 SF
Gross rent
$18.7K $20.52/SF
− Vacancy
−$1.1K −$1.23/SF
EGI
$17.6K $19.29/SF
− OpEx
−$5.3K −$5.79/SF
NOI
$12.3K $13.50/SF
Area
Hidalgo County, TX
Vacancy
6.00%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,000
Cap Rate 7%
$175,714
Cap Rate 9%
$136,667
Alternative Uses
Best Use
Retail
$175.7K
$153.8K – $205.0K
NOI $12,300 @ 7.0% cap · market cap 1,025.00%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$686.2K
$600.4K – $800.5K
NOI $48,032 @ 7.0% cap · market cap 4,002.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
86
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Electronics 100%
Metro by T-Mobile
Electronics
2,044 visits/mo
0.1 miles
Demographics for 78516, TX
34,506
Population
12,469
Households
2.8
Avg Household Size
32
Median Age
12%
College-Educated
59%
High-School Grad
37.8 sq mi
ZIP Area
913
Density / Sq Mi
$51,547
Median Household Income
$26,908
Median Earnings
$743
Median Rent
$102,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Three available suites offer flexible retail layouts with water included in the modified gross lease.
Where is this retail space located?
The property is located at 1716 N Alamo Road Unit 8 Alamo, TX.
What are key features of this property?
This property features: Three available retail suites, approximately 911 square feet per unit; Vanilla‑boxed suite condition; Modified gross lease includes water
