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    1000 Alamo Rd Alamo, TX 78516

    For Sale
    $110,000

    Prime Alamo, TX residential lots.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents fourplex residential lots in the thriving City of Alamo, Texas. Located at 1000 N Alamo Rd, 78516, this Class A property offers a strategic location at the intersection of FM 495 and Alamo Rd, ensuring high visibility and traffic. The lots are situated in a rapidly growing area, boasting convenient access to major retailers including H-E-B and a Wal-Mart Supercenter (a 5-minute drive away). Nearby amenities also include numerous restaurants and two IDEA Public Schools. For added convenience, the property is just one block from IH-2 and one block from the Alamo Country Club. This presents a unique chance to capitalize on the area's growth and high traffic volume. The asking price for this multi-family development land is $110,000. The property is ideal for investors seeking to build multiple fourplex units. Note that inventory is subject to change, and lot availability should be confirmed.

    Property Features for 1000 Alamo Rd

    General Information

    Property type
    Land
    Class
    A

    HighLights

    • Fourplex residential lots in Alamo, TX.
    • Prime location at FM 495 and Alamo Rd intersection, ensuring high visibility and traffic.
    • Fast‑growing area with convenient access to major retailers.
    • High traffic volume location.
    • One block from IH‑2.
    • Nearby major retailers, restaurants, and two IDEA Public Schools.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alamo
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.120001089965
    Latitude
    26.20296101336

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    FAQs

    What type of property is this?
    Land - Prime Alamo, TX residential lots.
    Where is this land located?
    The property is located at 1000 Alamo Rd Alamo, TX.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: Fourplex residential lots in Alamo, TX.; Prime location at FM 495 and Alamo Rd intersection, ensuring high visibility and traffic.; Fast-growing area with convenient access to major retailers.
    Request Owner's contact information
    1000 Alamo Rd Alamo, TX 78516
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    Alamo, TX 78516
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1000 Alamo Rd Alamo, TX 78516
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