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Three-Story Office Building
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533 N Alamo Road, Alamo, TX 78516

The Alamo property offers office space across three levels, with access from a major thoroughfare.

Property Size39,622 SF
Price / SF$0.06
Days on Market4

Property Features for 533 N Alamo Road

General Information

Standard status Active
Size 39,622 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Property Use Office

Building Details

Year Built 2000
Buildings 1
Stories 3
Listing Agency: Texus Realty
Listed By: Israel Gutierrez · License #0558344
Source: Texusrealty
Added: Nov 1 Changed: Nov 3 Last Checked: Nov 3 at 8:52AM

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 Texus Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This three-story office building at 533 N Alamo Road in Alamo, Texas, was built in 2000. Its position along the Expressway and Alamo’s main artery provides access to the surrounding commercial area and routes connecting McAllen and Harlingen.

Nearby businesses include H-E-B, Dutch Bros. and fast-food restaurants. The reported traffic volume is approximately 38,864 vehicles per day.

Key Highlights

  • Three‑story office building
  • Built in 2000
  • Fronts the Expressway and Alamo’s main artery

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$662,759
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,255,180 $13.3M
Cap Rate 7%
$9,467,986 $9.5M
Cap Rate 9%
$7,363,989 $7.4M
Market Conditions
NOI Build-Up for 39,622 SF
Gross rent
$1.22M $30.72/SF
− Vacancy
−$333.5K −$8.42/SF
EGI
$883.7K $22.30/SF
− OpEx
−$220.9K −$5.58/SF
NOI
$662.8K $16.73/SF
Area
Hidalgo County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,255,180
Cap Rate 7%
$9,467,986
Cap Rate 9%
$7,363,989

Alternative Uses

Best Use
Office B
$9.47M
$8.28M – $11.05M (±1% cap)
NOI $662,759 @ 7.0% cap · market cap 27,823.64%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$29.84M
$26.11M – $34.82M (±1% cap)
NOI $2,089,070 @ 7.0% cap · market cap 87,702.35%
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

Office buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Law Firm Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

779
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - The Alamo property offers office space across three levels, with access from a major thoroughfare.
Where is this office building located?
The property is located at 533 N Alamo Road Alamo, TX.
What are key features of this property?
This property features: Three‑story office building; Built in 2000; Fronts the Expressway and Alamo’s main artery
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