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    2347 Alamo Rd Alamo, TX 78516

    For Sale
    $299,900

    Prime Commercial Land, Hidalgo County, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This 4.55-acre commercial lot in Alamo, Texas (Hidalgo County, zip code 78516), is priced at $299,900 ($65,912/acre). Located at 2347 S. Alamo Rd, the property is zoned for light commercial, industrial, or produce warehouse use. The entire acreage is covered in caliche, providing a solid foundation for development. The property is situated outside city limits, offering flexibility in development options. Note that a portion of the property lies within a partial flood zone. A survey is available. This location boasts excellent visibility and easy access, and is adjacent to a planned industrial park. The property has irrigation rights through Military Water Supply & Irrigation District #2. This presents a unique opportunity for investors seeking a substantial land parcel with diverse development potential in a growing area. Buyers should conduct their own due diligence regarding flood zone implications and all applicable regulations.

    Property Features for 2347 Alamo Rd

    General Information

    Property type
    Land
    Lot Size
    198,198 SF

    HighLights

    • 4.55‑acre commercial lot in Alamo, TX (78516) priced at $299,900.
    • Excellent visibility and easy access from corner location at Thomas Rd. & Alamo Rd.
    • Adjacent to a planned industrial park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Alamo
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.13362076
    Latitude
    26.12255357

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Hidalgo County, TX
    Where is this land located?
    The property is located at 2347 Alamo Rd Alamo, TX.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: 4.55-acre commercial lot in Alamo, TX (78516) priced at $299,900.; Excellent visibility and easy access from corner location at Thomas Rd. & Alamo Rd.; Adjacent to a planned industrial park.
    Request Owner's contact information
    2347 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
    2347 Alamo Rd Alamo, TX 78516
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