Commercial Real Estate Market in Alamo, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
178 active listings and 694 off-market properties in Alamo, TX. Commercial property asks $141/SF to buy and $12.75/SF/Yr to lease.
Market Trends
Alamo, TX spans 37.8 square miles in Hidalgo County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Alamo, TX asks $195/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Alamo, TX asks $164/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Alamo, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily space in Alamo, TX asks $111/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 73.4%
- Commercial 23.5%
- Industrial 3.1%
Largest Zones share of zoned land by district
Alamo, TX zones 4,816 acres across 7 districts. Commercial zoning covers 23.5% of zoned land, residential 73.4% and industrial 3.1%. The largest single district is Single Family Residential at 60.8%. For commercial buyers the practical constraint is that only 26.6% of land carries a commercial or industrial designation.
The conditional uses requiring a conditional use permit permitted in the C -1 light commercial districts are as follows: A single-family residence. Flea markets. Gasoline service stations or retail outlets where gasoline products are sold. Mobile food vendor ; mobile food court; said uses must comply wit h Title 3, shall be governed by the Land Use Tables in…
Market overview
Demographics & Economy
Alamo, TX has 34,506 residents in 12,469 households. Density runs 912 people per square mile. Median household income here is $51,547 and median gross rent $743 a month.
Tools
Lease vs Buy Breakeven
At $12.75/SF/Yr lease vs $141/SF buy → buying wins if held > 1.7 years.
The comparison uses county-wide sale comps against Alamo asking rents, so the implied 9% gross yield is computed off asking rents rather than a closed-deal cap-rate benchmark. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Palmview | $141 (county avg) | $6.87 |
| Campo Alto | $141 (county avg) | — |
| El Gato | $141 (county avg) | — |
| San Juan | $141 (county avg) | $14.82 |
Commercial property in Alamo, TX asks $141/SF. The 4 bordering markets run from $141/SF in Palmview to $141/SF in Palmview, and the city sits in line with their $141/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Alamo?
How much does it cost to lease commercial space in Alamo?
Is it cheaper to lease or buy commercial space in Alamo?
How does Alamo compare to nearby markets on price?
What zoning applies to commercial property in Alamo?
Where does Realmo's Alamo market data come from?
Methodology & data sources
- Asking prices and averages
- Computed from 161 active for-sale and 17 active for-lease listings in Alamo, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 4,816 zoned acres across 7 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- the lease-vs-buy comparison mixes county-wide sale comps with city asking rents, office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue