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Property profile & analytics
OFF-MARKET
Land

0 Expy 83 Hwy South Alamo, TX 78516

9.23 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 9.23 ac (402,059 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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