Current Use by Public Records
- Office Spaces
Property Details for 503 Bus Hwy
- Year built
- 1980
- Lot size
- 0.41 lot acres
- Property type
- Office Spaces
- Property subtype
- Rehabilitation centers
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alamo
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.0678
- Latitude
- 26.1731
