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    92 Expy 83 Hwy South Alamo, TX 78516

    For Sale
    $1,500,000

    7-Acre Industrial Property, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 7-acre commercial property in Alamo, Texas, presents a unique investment opportunity. Located on Expressway 83 Highway, the property boasts approximately 215 feet of prime commercial frontage, ensuring high visibility and accessibility for businesses. The property includes a warehouse currently operating as a hydraulics truck shop, suitable for various industrial or commercial uses. A 2,000+ square foot residential home, situated on the property, offers potential for renovation or conversion into office space. In addition to the building and warehouse, there are approximately 3.65 acres of pasture land, providing ample space for future development, agricultural use, or additional facilities. Built in 1986, this versatile property is ideally suited for commercial development, expansion, or multi-use purposes. The property's location in Hidalgo County, Texas, zip code 78516, offers excellent access to major transportation routes. The asking price is $1,500,000. This is a rare opportunity to acquire a substantial commercial property with significant development potential in a growing Texas market.

    Property Features for 92 Expy 83 Hwy

    General Information

    Property type
    Distribution properties
    Lot Size
    304,920 SF

    Building Details

    Year Built
    1986

    HighLights

    • 7‑acre commercial property in Alamo, TX, on Expressway 83.
    • 215 feet of highway frontage provides high visibility.
    • Includes a warehouse (currently a hydraulics shop) and a 2,000+ sq ft residential home.
    • Features approximately 3.65 acres of pasture land.
    • Asking price: $1,500,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    South Alamo
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1120116
    Latitude
    26.1200974

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    FAQs

    What type of property is this?
    Distribution property - 7-Acre Industrial Property, High Visibility
    Where is this distribution property located?
    The property is located at 92 Expy 83 Hwy South Alamo, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 7-acre commercial property in Alamo, TX, on Expressway 83.; 215 feet of highway frontage provides high visibility.; Includes a warehouse (currently a hydraulics shop) and a 2,000+ sq ft residential home.
    Request Owner's contact information
    92 Expy 83 Hwy South 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
    92 Expy 83 Hwy South Alamo, TX 78516
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