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    90-B Alamo Rd Alamo, TX 78516

    Sponsored
    For Sale
    $950,912

    Prime 1.28-acre commercial lot in Alamo, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.28-acre commercial land parcel, located at 90-B Alamo Road in Alamo, Texas, presents a compelling investment opportunity. Priced at $950,912, this property is part of the larger Heights at Alamo development, a 48.202-acre mixed-use project featuring both residential and commercial components. The site's strategic location at the intersection of FM 495 and Alamo Road ensures high visibility and significant traffic exposure, making it ideal for a variety of commercial uses. Businesses will benefit from easy access to Interstate Highway 2, situated just one block away, providing convenient connectivity to a wider regional market. Furthermore, the property's proximity to major retail establishments, including H-E-B and a Wal-Mart Supercenter (within a 5-minute drive), offers significant advantages for attracting customers and employees. This property is zoned for commercial use and is ready for immediate development, representing a rare chance to establish a presence in a thriving Texas community. The lot size provides ample space for a stand-alone retail building or other commercial venture. The zip code is 78516, and the Hidalgo County location offers access to a robust local economy. This is an excellent opportunity for investors seeking high-traffic exposure and a strong return on investment. The property is situated in a growing area with a mix of residential and commercial development, offering a stable and promising market.

    Property Features for 90-B Alamo Rd

    General Information

    Property type
    Land
    Lot Size
    55,931 SF

    HighLights

    • 1.28‑acre commercial lot in Alamo, TX, priced at $950,912.
    • Located within the Heights at Alamo, a 48‑acre mixed‑use development.
    • High‑visibility location at FM 495 and Alamo Road, one block from I‑2.
    • Near major retailers (H‑E‑B, Walmart).
    • Commercially zoned and ready for immediate development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Alamo
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1230196
    Latitude
    26.183933

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    FAQs

    What type of property is this?
    Land - Prime 1.28-acre commercial lot in Alamo, TX
    Where is this land located?
    The property is located at 90-B Alamo Rd Alamo, TX.
    What is the asking price?
    The asking price for this property is $950,912.
    What are key features of this property?
    This property features: 1.28-acre commercial lot in Alamo, TX, priced at $950,912.; Located within the Heights at Alamo, a 48-acre mixed-use development.; High-visibility location at FM 495 and Alamo Road, one block from I-2.
    Request Owner's contact information
    90-B 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
    90-B Alamo Rd Alamo, TX 78516
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