Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    804 Frontage Rd Alamo, TX 78516

    • Commercial real estate
    • 960 SF
    • 0.16 lot acres
    For Sale
    View listing
    $199,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 804 Frontage Rd

    Year built
    1989
    Lot size
    0.16 lot acres
    Property size
    960 SF
    Property type
    Commercial real estate

    Description

    This exceptional 0.16-acre commercial property, located at 804 E Frontage Road in Alamo, Texas, presents a unique opportunity for investors and developers. Boasting a prime location right off the expressway, this 960 square foot lot benefits from high visibility and convenient access. The property currently features an existing structure, which can be either demolished to make way for new construction or potentially relocated, offering flexibility in development plans. The strategic positioning of this land is further enhanced by the presence of established businesses on either side, indicating a thriving commercial environment and strong potential for future growth. Alamo is a rapidly expanding city, making this property an attractive investment in a dynamic market. The asking price of $199,000 represents a compelling opportunity to acquire a well-situated commercial lot with significant development potential in a burgeoning Texas community. This property is ideal for a variety of commercial uses, offering a blank canvas for entrepreneurs and businesses seeking a high-traffic location with excellent visibility. Don't miss this chance to secure a piece of Alamo's thriving commercial landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alamo
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1161
    Latitude
    26.191

    Comparable in this City

    • Value Estimation by Request
      1,560 SF

      1021 Business 83

      Commercial real estate • 1,560 SF
      1021 Business 83, Alamo, TX 78516
      View Details
    • Value Estimation by Request
      3.90 Acres

      Crockett Ave

      Land • 3.90 Acres
      0 Crockett Ave, Alamo, TX 78516
      View Details
    • Value Estimation by Request
      4.04 Acres

      502 Fannin St

      Multifamily properties • 4.04 Acres
      502 Fannin St, Alamo, TX 78516
      View Details
    • Value Estimation by Request

      441 Amanda Ct

      Land
      441 Amanda Ct, Alamo, TX 78516
      View Details
    • Value Estimation by Request

      1300 Us Hwy

      Distribution properties
      1300 Us Hwy, Alamo, TX 78516
      View Details
    • Value Estimation by Request
      3.00 Acres

      Tower

      COMMERCIAL (GENERAL) • 3.00 Acres
      Tower, Alamo, TX 78516
      View Details

    Similar Nearby for Sale

    • $594,594
      3.90 Acres

      Alamo Commercial Land - High Traffic

      3.9-acre commercial lot, prime location.
      0 Crockett Ave, Alamo, TX 78516
      View Details
    • $1,500,000
      7.00 Acres

      Alamo, TX Commercial Land & Warehouse

      7-Acre Industrial Property, High Visibility
      92 Expy 83 Hwy, South Alamo, TX 78516
      View Details
    • $450,000
      1,560 SF

      Alamo Commercial Property: High-Visibility Investment

      Prime Alamo location, recently renovated, 1,560 sq ft.
      1021 Business 83, Alamo, TX 78516
      View Details
    • $299,900
      4.55 Acres

      Alamo Commercial Land - 4.55 Acres

      Prime Commercial Land, Hidalgo County, TX
      2347 Alamo Rd, Alamo, TX 78516
      View Details
    • $180,000
      2,457 SF

      Alamo Commercial Property Investment

      High-Visibility Commercial Lot, Huge Potential
      115 9Th Pl, Alamo, TX 78516
      View Details
    • $600,000
      2,743 SF

      Alamo Retail Center Investment Opportunity

      High-traffic location, prime commercial space.
      1115 Duranta Ave Ave, Alamo, TX 78516
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      4,814 SF

      Prime Duranta Ave Office Space

      Executive Office Suite - 4,814 sq ft
      427 Duranta Ave, Alamo, TX 78516
      View Details
    • $7 SF/Yr
      30,617 SF

      Alamo, TX Warehouse For Sale

      Prime Cold Storage Facility, 30,617 SF
      1300 Us Hwy, Alamo, TX 78516
      View Details
    • $18 SF/Yr
      1,920 SF

      Alamo Executive Office Suite 105

      Prime Alamo Office Space, 1920 sq ft
      427 Duranta Ave, Alamo, TX 78516
      View Details
    • $21 SF/Yr
      2,689 SF

      Alamo Commercial Land Opportunity

      High-Visibility Alamo Land, 8,999 sq ft
      122 Alamo Rd, Alamo, TX 78516
      View Details
    • $15 SF/Yr
      1,822 SF

      1716 N Alamo Road # 6

      Restaurants
      1716 Alamo Rd, Alamo, TX 78516
      View Details
    • $15 SF/Yr
      911 SF

      Alamo Retail Space - 911 SF

      Prime Alamo retail space, ample parking.
      1716 Alamo Rd, Alamo, TX 78516
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    804 Frontage Rd
    Alamo, TX 78516
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.