115 9Th Pl Alamo, TX 78516
This exceptional commercial land opportunity in Alamo, Texas, presents a compelling investment prospect. Located at 115 N 9th Place, 78516, this .21-acre lot (9,249.966 sq ft) offers significant potential for development. The property is conveniently situated just north of Business Hwy 83 and east of Alamo Rd, ensuring high visibility and accessibility. Built in 1971, the existing structure presents possibilities for adaptive reuse or redevelopment. Currently zoned C-1 Light Commercial, this versatile property allows for a wide range of commercial uses, making it ideal for entrepreneurs and investors seeking to establish a business or create an income-generating asset. The property's strategic location and flexible zoning regulations combine to create a unique opportunity to capitalize on the growing commercial landscape of Alamo. This is a chance to acquire a well-positioned parcel of land with the potential to yield substantial returns. Don't miss this chance to transform this property into a thriving commercial venture. The asking price is $180,000.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.