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    1118 Frontage Rd Alamo, TX 78516

    For Sale
    $250,000

    Prime Alamo location, 6,673 sq ft commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 6,673.828 square foot commercial lot, situated at 1118 W Frontage Road in Alamo, Texas, presents a remarkable investment opportunity. Located in Hidalgo County, zip code 78516, this property boasts a prime location with high traffic volume, making it ideal for a variety of commercial ventures. The lot is already approved for the construction of a 2,000 square foot building, complete with ample parking for 12 vehicles. Adding to its appeal, the property offers approximately 51 square feet of frontage on the north side of the Alamo Road exit, ensuring excellent visibility and accessibility. This makes it perfectly suited for a retail plaza, office space, or other commercial developments. The asking price for this strategically located land is $250,000. Don't miss this chance to acquire a highly desirable commercial property in a thriving Texas market. The property's coordinates are 26.1920745 latitude and -98.1236925 longitude.

    Property Features for 1118 Frontage Rd

    General Information

    Property type
    Land

    HighLights

    • $250,000 asking price.
    • 6,673.828 square foot commercial land lot.
    • Located at 1118 W Frontage Road, Alamo, TX 78516.
    • Approved for a 2,000 sq ft building with 12 parking spaces.
    • High‑traffic location ideal for retail or office development.
    Property Profile Insight Report 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
    -98.1236925
    Latitude
    26.1920745

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    FAQs

    What type of property is this?
    Land - Prime Alamo location, 6,673 sq ft commercial lot.
    Where is this land located?
    The property is located at 1118 Frontage Rd Alamo, TX.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: $250,000 asking price.; 6,673.828 square foot commercial land lot.; Located at 1118 W Frontage Road, Alamo, TX 78516.
    Request Owner's contact information
    1118 Frontage 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
    1118 Frontage Rd Alamo, TX 78516
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