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    1246 Cesar Chavez Rd Alamo, TX 78516

    Sponsored
    For Sale
    $499,000

    Prime Alamo location, 39,204 sq ft, owner financing.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 1246 N Cesar Chavez Road in Alamo, Texas, presents a unique investment opportunity. The 39,204 square foot lot, built in 2007, is currently improved with a mixed-use building featuring five distinct spaces. Two units are successfully operating as a bar and restaurant, while the remaining three units are utilized as an auto shop. All units are currently occupied, generating consistent income. The property's prime commercial location in Alamo, Hidalgo County, Texas (zip code 78516) offers excellent visibility and accessibility. This versatile property is ideal for a variety of uses, benefiting from its existing infrastructure and high occupancy rate. The asking price is $499,000, and owner financing is available, making this an attractive proposition for savvy investors seeking a strong return on investment. The property's land classification is designated as Land and Retail. This presents a rare chance to acquire a thriving commercial property with significant potential for future growth and development in a desirable Texas location.

    Property Features for 1246 Cesar Chavez Rd

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    2007

    HighLights

    • 39,204 SF lot in Alamo, TX (78516).
    • Mixed‑use building with five occupied units: two bar/restaurant spaces and three auto shop spaces.
    • Currently generating consistent income.
    • Excellent visibility and accessibility in prime commercial location.
    • Asking price: $499,000; owner financing available.
    • Land and Retail classification.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel 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
    -98.1297702
    Latitude
    26.2152101

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    FAQs

    What type of property is this?
    Restaurant - Prime Alamo location, 39,204 sq ft, owner financing.
    Where is this restaurant located?
    The property is located at 1246 Cesar Chavez Rd Alamo, TX.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 39,204 SF lot in Alamo, TX (78516).; Mixed-use building with five occupied units: two bar/restaurant spaces and three auto shop spaces.; Currently generating consistent income.
    Request Owner's contact information
    1246 Cesar Chavez Rd 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
    1246 Cesar Chavez Rd Alamo, TX 78516
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