0 Expy 83 Hwy South Alamo, TX 78516
This exceptional 9.23-acre commercial and farm-zoned land parcel presents a unique investment opportunity in Alamo, Texas. Strategically located on Expressway 83 Highway, this property boasts significant frontage and convenient access to major transportation arteries. The site offers easy connectivity to Harlingen, South Padre Island, Brownsville, and Mexico to the east; Corpus Christi, Houston, and San Antonio to the north via I-69E; McAllen and Laredo to the west; and Edinburg, Houston, and San Antonio to the north via I-69C. Access to South Alamo is also readily available. The property features existing water and sewer utilities, including a 6-inch water line running along the south side of Duranta Avenue, approximately half a block west of the property, and a force main sewer located behind the adjacent recycling center on the east side. A back entrance via Duranta Avenue and Valverde Road access further enhance accessibility. A drainage ditch on the east side effectively manages excess rainwater. The asking price is within $20,000 of the Hidalgo County Appraisal District (HCAD) appraised value, making this a compelling investment. This open land is ready for immediate commercial development, offering significant potential for a variety of uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.