Four-Building Corner Retail/Office
847 S Alamo Road Alamo, TX 78516
847 S Alamo Road, Alamo, TX, 78516
$2,999,000
For Sale
$2,999,000
Four free-standing buildings on a corner commercial site with high visibility and access to Expressway 83 and Military Highway.
Property Size10,050 SF
Lot Size1.72 Acres
Price / SF$298.41
Days on Market236
Property Features for 847 S Alamo Road
General Information
- Standard status
- Active
- Size
- 10,050 SF
- Lot size
- 1.72 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 2017
Listing agency
(956) 240-2185
Listed by
Coldwell Banker La Mansion
(956) 240-2185
Source
Xome
Added: Nov 27, 2025 Updated: Jul 20 at 10:53PM Checked: Jul 21 at 3:05AM
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 La Mansion
Investment Insights
Based on property information with market context.
This well-maintained corner commercial property at 847 S Alamo Road, Alamo, TX 78516 features four free-standing buildings on the site. Total size is over 5,800 square feet, with the largest building over 4,100 square feet and a second largest building of approximately 1,600 square feet, offering a flexible layout for a variety of retail, office, medical, or service-related uses.
The site is positioned to benefit from strong visibility and an average daily traffic count of 14,000+. Existing access is available from both Alamo Road and Ridge Road, and the property’s infrastructure connects to Expressway 83 and to Military Highway for convenient regional traffic flow.
Configured as multiple standalone structures, the buildings can support different occupancy plans within one controlled location, depending on the final business and layout requirements.
The site is positioned to benefit from strong visibility and an average daily traffic count of 14,000+. Existing access is available from both Alamo Road and Ridge Road, and the property’s infrastructure connects to Expressway 83 and to Military Highway for convenient regional traffic flow.
Configured as multiple standalone structures, the buildings can support different occupancy plans within one controlled location, depending on the final business and layout requirements.
Key Highlights
- 4 free‑standing commercial buildings on a 1.72‑acre corner site
- Over 5,800 sq ft TTL total building area; largest building is over 4,100 sq ft
- Additional building size includes approximately 1,600 sq ft for the second‑largest structure
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $308.7k | $30.72 |
| − Vacancy | −$84.6k | −$8.42 |
| EGI | $224.1k | $22.30 |
| − OpEx | −$56.0k | −$5.58 |
| NOI | $168.1k | $16.73 |
10,050 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.40M
$2.10M – $2.80M
NOI $168,107 @ 7.0% cap · market cap 5.61%
Second Best
Retail
$1.94M
$1.70M – $2.26M
NOI $135,697 @ 7.0% cap · market cap 4.52%
Theoretical Best
Hotel Hospitality
$7.57M
$6.62M – $8.83M
NOI $529,886 @ 7.0% cap · market cap 17.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Four free-standing buildings on a corner commercial site with high visibility and access to Expressway 83 and Military Highway.
Where is this retail space located?
The property is located at 847 S Alamo Road 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: 4 free‑standing commercial buildings on a 1.72‑acre corner site; Over 5,800 sq ft TTL total building area; largest building is over 4,100 sq ft; Additional building size includes approximately 1,600 sq ft for the second‑largest structure
