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    122 Alamo Rd Alamo, TX 78516

    For Lease
    $21 SF/Yr

    High-Visibility Alamo Land, 8,999 sq ft

    Lot size:
    2,689 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial land parcel, located at 122 N Alamo Road #1 in Alamo, Texas, 78516, presents a unique investment opportunity. Spanning 8,999.93 square feet, the property boasts a prime location at the prominent intersection of N Alamo Road and Business 83, ensuring high visibility and accessibility for any commercial venture. The single-tenant land is zoned for commercial use and offers thirteen parking spaces, providing ample convenience for customers and employees. The property's APN is A210000032000100. Situated within the rapidly developing Rio Grande Valley, this site benefits from a burgeoning trade area and significant growth in demand for commercial space. Its strategic location makes it particularly attractive to businesses seeking high traffic exposure and easy access for clients. The area's ongoing development presents a strong potential for future appreciation, making this a compelling investment for those seeking a foothold in a thriving Texas market. This is a rare opportunity to acquire a well-positioned commercial land parcel in a dynamic and expanding region. The property's size and location offer significant flexibility for a variety of commercial uses, making it an ideal investment for long-term growth and profitability.

    Property Features for 122 Alamo Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,689 SF

    Unit(s) available at that property

    Space
    1
    Size
    2,689 SF
    Rate per SF
    $20

    HighLights

    • 8,999.93 SF commercial land parcel at 122 N Alamo Road #1, Alamo, TX 78516.
    • Prime location at N Alamo Road & Business 83 intersection, offering high visibility and accessibility.
    • Zoned for commercial use with 13 parking spaces.
    • APN: A210000032000100.
    • Located in the rapidly growing Rio Grande Valley, offering strong potential for future appreciation.
    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
    -98.122696
    Latitude
    26.1849629

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    FAQs

    What type of property is this?
    Land - High-Visibility Alamo Land, 8,999 sq ft
    Where is this land located?
    The property is located at 122 Alamo Rd Alamo, TX.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 8,999.93 SF commercial land parcel at 122 N Alamo Road #1, Alamo, TX 78516.; Prime location at N Alamo Road & Business 83 intersection, offering high visibility and accessibility.; Zoned for commercial use with 13 parking spaces.
    Request Owner's contact information
    122 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
    122 Alamo Rd Alamo, TX 78516
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