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    89-B Alamo Rd Alamo, TX 78516

    For Sale
    $686,500

    Texas commercial land, high traffic, ideal investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional commercial land parcel, located at 89-B Alamo Road in Alamo, Texas, 78516, presents a compelling investment opportunity. Spanning 34,325.28 square feet, this property is part of the larger 48.202-acre Heights at Alamo mixed-use development, a thriving community attracting both businesses and residents. Its strategic location at the intersection of FM 495 and Alamo Road ensures excellent visibility and high traffic volume, maximizing exposure for any commercial venture. The property's proximity to IH-2 (just one block away) provides easy access to major transportation routes, enhancing its appeal to businesses and customers alike. Furthermore, the convenient location offers quick access to major retailers such as H-E-B and a Wal-Mart Supercenter, situated within a 5-minute drive. This makes it an ideal location for end-users and stand-alone retailers seeking a high-traffic, easily accessible location. The asking price for this prime commercial land is $686,500. Don't miss this chance to secure a valuable asset in a rapidly growing Texas market.

    Property Features for 89-B Alamo Rd

    General Information

    Property type
    Land

    HighLights

    • $686,500 asking price
    • 34,325.28 sq ft lot size
    • Commercial land in Alamo, TX
    • Located at 89‑B Alamo Road, Alamo, TX 78516
    • Prime investment opportunity in a mixed‑use 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
    -98.1229382
    Latitude
    26.1874768

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    FAQs

    What type of property is this?
    Land - Texas commercial land, high traffic, ideal investment.
    Where is this land located?
    The property is located at 89-B Alamo Rd Alamo, TX.
    What is the asking price?
    The asking price for this property is $686,500.
    What are key features of this property?
    This property features: $686,500 asking price; 34,325.28 sq ft lot size; Commercial land in Alamo, TX
    Request Owner's contact information
    89-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
    89-B Alamo Rd Alamo, TX 78516
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