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    711 Alameda St San Juan, TX 78589

    • Strip malls
    • 4,018 SF
    • 0.46 lot acres
    For Sale
    View listing
    $1,100,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-8659956
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Strip malls

    Property Details for 711 Alameda St

    Year built
    2013
    Lot size
    0.46 lot acres
    Property size
    4,018 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    C2601-00-000-0001-00
    APU
    C260100000000100

    Description

    This exceptional 40,075.2 square foot commercial property, built in 2013, is situated at 711 Alameda Street in San Juan, Texas, zip code 78589. Located in Hidalgo County, this land offers a prime investment opportunity due to its high visibility and convenient access. The property's strategic placement near the expressway ensures excellent accessibility for both customers and employees. Its proximity to major retailers like HEB and Walgreens further enhances its appeal and potential for high foot traffic. The versatile layout is suitable for a variety of commercial uses, including retail, office, or service-based businesses. This mixed-use space presents a unique opportunity for investors seeking a high-return property in a thriving Texas market. The asking price for this exceptional commercial plaza is $1,100,000. This property is zoned for commercial and restaurant use, offering significant flexibility for potential buyers. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area. The property's location near major thoroughfares and established businesses makes it an ideal choice for entrepreneurs and investors alike.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $222,000
      Market price range: $155k - $300k

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $225,000
      Current use
      MEDICAL BUILDING
      $395,000
      Change: +75% Conversion: Difficult
      WAREHOUSE, STORAGE
      $225,000
      Change: -1% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Juan
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1641
    Latitude
    26.2017
    CBSA code
    32580
    CBSA name
    MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $9,399
    $134,252
    $205,826
    $340,078
    -
    $134,252
    $205,826
    $340,078

    Comparable in this City

    • Value Estimation
      $385,000
      8,681 SF

      920 Interstate 2nd 2

      SHOPPING CENTER, STRIP CENTER • 8,681 SF
      920 Interstate 2nd 2, San Juan, TX 78589-3788
      View Details
    • Value Estimation
      $565,000
      17,470 SF

      105 Cesar Chavez Rd

      SHOPPING CENTER, STRIP CENTER • 17,470 SF
      105 Cesar Chavez Rd, San Juan, TX 78589-5202
      View Details
    • Value Estimation
      $310,000
      1,600 SF

      423 Nebraska Ave, Unit A1-A2

      SHOPPING CENTER, STRIP CENTER • 1,600 SF
      423 Nebraska Ave, San Juan, TX 78589-3094
      View Details
    • Value Estimation
      $1,480,000
      45,575 SF

      1513 Business 83

      SHOPPING CENTER, STRIP CENTER • 45,575 SF
      1513 Business 83, San Juan, TX 78589
      View Details
    • Value Estimation
      $305,000
      6,050 SF

      618 Earling Rd

      SHOPPING CENTER, STRIP CENTER • 6,050 SF
      618 Earling Rd, San Juan, TX 78589-5104
      View Details
    • Value Estimation
      $815,000
      11,520 SF

      204 Nolana

      SHOPPING CENTER, STRIP CENTER • 11,520 SF
      204 Nolana, San Juan, TX 78589-3694
      View Details

    Similar Nearby for Sale

    • $590,000
      3,885 SF

      San Juan Commercial Plaza

      Commercial plaza with mixed-use units in high-traffic location.
      2012 N Raul Longoria Rd, San Juan, TX 78589
      View Details
    • $5,500,000
      21,000 SF

      San Juan Commercial Plaza Investment

      High-traffic commercial plaza in San Juan, Texas, with 18 suites.
      205 W Nolana Loop, San Juan, TX 78589
      View Details
    • $2,999,999
      11,520 SF

      San Juan Commercial Plaza

      High-traffic commercial plaza in San Juan with 12 suites.
      111 W Nolana Loop, San Juan, TX 78589
      View Details
    • New
      $805,860
      1.12 Acres

      Prime Commercial Lot Opportunity

      High-exposure commercial lot suitable for various retail or automotive businesses.
      000 N Raul Longoria Rd, San Juan, TX 78589
      View Details
    • $279,900
      448 SF

      San Juan Commercial Office Building

      Prime Texas Office Space, High Growth Potential
      108 Nebraska Ave, San Juan, TX 78589
      View Details
    • $1,100,000

      San Juan TX Commercial Plaza

      Prime location, high-traffic area, excellent investment.
      711 Alameda St, San Juan, TX 78589
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      23,700 SF

      Retail Space in San Juan

      Retail or office space available in a busy shopping center.
      1618 N Veterans Blvd, San Juan, TX 78589
      View Details
    • $15 SF/Yr
      23,700 SF

      Retail Space in San Juan

      Retail or office space in a high-visibility shopping center.
      1618 N Veterans Blvd, San Juan, TX 78589
      View Details
    • Contact for pricing
      20,891 SF

      Shops at Chavez: San Juan Retail

      Prime San Juan retail space, multiple units available.
      501 Cesar Chavez Rd, San Juan, TX 78589
      View Details
    • $230 SF/Yr
      26 SF

      San Juan Food Truck Park Land

      Prime Food Truck Location, Texas
      00 Raul Longoria Rd, San Juan, TX 78589
      View Details
    • $850 /Mo
      4,889 SF

      San Juan Commercial Unit

      Versatile commercial unit suitable for retail, services, or office.
      1708 N Raul Longoria Rd N, San Juan, TX 78589
      View Details
    • $230 SF/Yr
      26 SF

      San Juan Food Truck Park Land

      Prime San Juan location, 4.44 acres, 9 spaces.
      00 Raul Longoria Rd, San Juan, TX 78589
      View Details
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    San Juan, TX 78589
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    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
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