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    421 Minnesota Rd South Alamo, TX 78516

    For Sale
    $215,000

    Half-acre lot with building & tenant. High growth potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional commercial and industrial property, located at 421 Minnesota Rd, Alamo, TX 78516 (Hidalgo County), presents a unique investment opportunity. The 0.5-acre lot boasts a 1,680 square foot building currently occupied by a month-to-month tenant, generating immediate income potential. The property is zoned CO and features two 500-gallon septic tanks. Its strategic location in the heart of Donna, Texas, places it in close proximity to Donna North High School and other established local businesses, ensuring high visibility and accessibility. The property's prime location offers significant advantages for a variety of commercial or industrial uses. Furthermore, the availability of additional undeveloped land south of the existing building provides ample room for expansion or future development, maximizing the property's long-term value. The asking price for this versatile property is $215,000. The property's APN is G5970-02-000-0003-00. This is a rare opportunity to acquire a well-situated property with immediate income and substantial growth potential in a thriving Texas community.

    Property Features for 421 Minnesota Rd

    General Information

    Property type
    Land

    HighLights

    • 0.5‑acre lot with 1,680 sq ft building in Alamo, TX.
    • Month‑to‑month tenant provides immediate income.
    • CO zoning allows for versatile commercial/industrial use.
    • Located near Donna North High School and other businesses.
    • Additional undeveloped land offers expansion potential.
    • Asking price: $215,000. APN: G5970‑02‑000‑0003‑00.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Gym & Fitness Auto Repair Shop Skin Care Clinic Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    South Alamo
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1120116
    Latitude
    26.1200974

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    FAQs

    What type of property is this?
    Land - Half-acre lot with building & tenant. High growth potential.
    Where is this land located?
    The property is located at 421 Minnesota Rd South Alamo, TX.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: 0.5-acre lot with 1,680 sq ft building in Alamo, TX.; Month-to-month tenant provides immediate income.; CO zoning allows for versatile commercial/industrial use.
    Request Owner's contact information
    421 Minnesota Rd South Alamo, TX 78516
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    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
    421 Minnesota Rd South Alamo, TX 78516
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