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Property profile & analytics
OFF-MARKET
Office Spaces

503 Bus Hwy Alamo, TX 78516

3,465 SF 0.41 ac lot Built 1980
Property ID
Property summary
AI-generated overview

This 3,465-square-foot single-tenant office building, located at 503 W Bus Highway 83 in Alamo, Texas (zip code 78516), presents a compelling investment opportunity. Built in 1980 and renovated in 2000, the property sits on a 0.415-acre lot and is classified as Class C. The building features a single story with 10-foot ceilings and comprises 3,465 square feet of vacant space. Amenities include 23 total parking spaces, a covered entry, and a fire suppression system. The property also boasts an outdoor recreation area with a fenced enclosure, one shower, and four restrooms. The building's large open area is adaptable to various uses. The property benefits from a new roof and air conditioning system. Its convenient location is less than one mile from Expressway 83, easily accessible from the Hutto Road exit. The Hidalgo County property is zoned commercial and has an APN of 538742. The property's location within the Rio Grande Valley submarket, specifically the Donna cluster, offers excellent potential for various businesses, including adult day care, physical therapy, or autism clinics. Annual property taxes are $2.55 per square foot. The building is served by single-phase power.

Property profile
Verified
Property type Office Spaces
Year built 1980
Total area 3,465 SF
Lot 0.41 ac (17,860 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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