Retail Property with Available
For Sale
$1,450,000
515 E Business 83, Alamo, TX 78516
Commercial Sale, Alamo, TX
Property Size14,050 SF
Lot Size0.90 Acres
Price / SF$103.20
Days on Market97
Property Features for 515 E Business 83
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
34
Security features
Security System
Accessibility
Accessible Approach with Ramp
Appliances
Electric Water Heater
Subdivision
West Tower Subdivision
Directions
TAKE W EXPY 83/W FRONTAGE RD, TAKE EXIT 150B TOWARD TOWER RD, TURN RIGHT ONTO BUSINESS HWY 83. ITS ON THE LEFT SIDE.
Standard status
Active
APN
W379000000000100
Size
14,050 SF
Lot size
0.90 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
13570
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2008
Floors in Building
2
Building materials
Block, Stucco
Roof type
Metal
Listing Agency:
RE/MAX elite · RE/MAX International
(956) 583-2100
Listed By:
Araceli Carvajal
(956) 328-3404
Added: Jun 22
Changed: Sep 4
Last Checked: Sep 26 at 9:06PM
MLS# 505387
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 14,050-square-foot retail property occupies approximately 0.9008 acres at 515 E Business 83 in Alamo, Texas. The 2008 construction features block and stucco exterior materials, a metal roof, central heating and central air, an electric water heater, and an accessible approach with ramp.
One retail space is occupied by DHR Health Orthopedic and Sports Therapy Institute, while a second suite is available. The property is positioned near the expressway, with reported daily traffic of approximately 16,541 vehicles north-south and 15,229 vehicles east-west. Its Alamo location places the property within Hidalgo County and provides access from E Business 83.
One retail space is occupied by DHR Health Orthopedic and Sports Therapy Institute, while a second suite is available. The property is positioned near the expressway, with reported daily traffic of approximately 16,541 vehicles north-south and 15,229 vehicles east-west. Its Alamo location places the property within Hidalgo County and provides access from E Business 83.
Key Highlights
- 14,050‑square‑foot retail property on approximately 0.9008 acres
- One space occupied by DHR Health Orthopedic and Sports Therapy Institute
- Additional retail suite available for lease or owner use
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Watermill Express
Shops & Services
2,811 visits/mo
0.2 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
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Two-suite commercial property with expressway access, an occupied retail space, and additional space available for lease or owner use.
Where is this retail space located?
The property is located at 515 E Business 83 Alamo, TX.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 14,050‑square‑foot retail property on approximately 0.9008 acres; One space occupied by DHR Health Orthopedic and Sports Therapy Institute; Additional retail suite available for lease or owner use
