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    1906 Tower Rd Alamo, TX 78516

    For Sale
    $800,000

    Prime Alamo warehouse, 33,000+ sq ft lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 33,123.024 square foot lot, located at 1906 N Tower Road in Alamo, Texas, presents a compelling investment opportunity. Built in 2005, the property boasts flexible commercial zoning, making it suitable for a diverse range of businesses. Its strategic location on a paved road in Hidalgo County, zip code 78516, ensures convenient access and excellent visibility. All essential utilities are already connected, eliminating the need for costly infrastructure development. The ample space offers significant potential for expansion or redevelopment, catering to the needs of retail, office, or service-based enterprises. The property's size and zoning flexibility provide a strong foundation for immediate occupancy or future development projects. Its prime location within a growing area of Alamo, Texas, promises substantial returns on investment. This is an exceptional opportunity to acquire a well-situated commercial property with immediate development potential. The property's address is easily accessible via a paved road, and its location offers excellent visibility for any business. The existing infrastructure, including utilities, further enhances its appeal and reduces upfront costs. This versatile property is ready for immediate use or future expansion, making it an ideal investment for both short-term and long-term growth.

    Property Features for 1906 Tower Rd

    General Information

    Property type
    Distribution properties

    Building Details

    Year Built
    2005

    HighLights

    • $800,000 asking price.
    • 33,123 square foot lot.
    • 2005 construction.
    • Located at 1906 N Tower Road, Alamo, TX 78516.
    • Commercial/Warehouse property with flexible zoning.
    • Paved road access and existing utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Auto Repair Shop Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Alamo
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1019279
    Latitude
    26.2341066

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    FAQs

    What type of property is this?
    Distribution property - Prime Alamo warehouse, 33,000+ sq ft lot.
    Where is this distribution property located?
    The property is located at 1906 Tower Rd Alamo, TX.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: $800,000 asking price.; 33,123 square foot lot.; 2005 construction.
    Request Owner's contact information
    1906 Tower 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
    1906 Tower Rd Alamo, TX 78516
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