Brick Office Building with
For Sale
Contact for pricing
847 S Alamo Rd, Alamo, TX 78516
Office building offering central A/C, a sprinkler system, and concrete flooring with a dedicated storage area.
Property Size5,800 SF
Price / SF$517.07
Days on Market143
Property Features for 847 S Alamo Rd
General Information
Standard status
Active
Size
5,800 SF
Property subtype
OFFICE
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Sprinkler System
Yes
Amenities
Central A/C
Storage Area
Building Details
Construction
Brick
Listing Agency:
Coldwell Banker Commercial Alamo City
(210) 483-6250
Listed By:
Thelma Garza
(956) 240-2185
Source:
Moodyscre
Added: Jun 15
Changed: Oct 26
Last Checked: Nov 3 at 4:40AM
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 Coldwell Banker Commercial Alamo City
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Investment Insights
Based on property information with market context.
This office building features brick exterior construction, central A/C with electric service, and concrete flooring. The property includes a sprinkler system, metal fencing, and a composition shingle roof, along with a designated storage area.
The building is located on a city/town street and connected to city sewer and city water services. Address: 847 S Alamo Rd, Alamo, TX 78516.
The building is located on a city/town street and connected to city sewer and city water services. Address: 847 S Alamo Rd, Alamo, TX 78516.
Key Highlights
- Office building with central A/C and electric service
- Brick exterior with composition shingle roof
- Sprinkler system and metal fencing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,017
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,940,340
$1.9M
Cap Rate 7%
$1,385,957
$1.4M
Cap Rate 9%
$1,077,967
$1.1M
Market Conditions
NOI Build-Up for 5,800 SF
Gross rent
$178.2K $30.72/SF
− Vacancy
−$48.8K −$8.42/SF
EGI
$129.4K $22.30/SF
− OpEx
−$32.3K −$5.58/SF
NOI
$97.0K $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%
$1,940,340
Cap Rate 7%
$1,385,957
Cap Rate 9%
$1,077,967
Alternative Uses
Best Use
Office B
$1.39M
$1.21M – $1.62M
NOI $97,017 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$4.37M
$3.82M – $5.10M
NOI $305,805 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Sprinkler system
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
Explore this area
Business Placement
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 Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Office building offering central A/C, a sprinkler system, and concrete flooring with a dedicated storage area.
Where is this office building located?
The property is located at 847 S Alamo Rd Alamo, TX.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: Office building with central A/C and electric service; Brick exterior with composition shingle roof; Sprinkler system and metal fencing
