1246 Cesar Chavez Rd Alamo, TX 78516-6828
This exceptional commercial property, located at 1246 N Cesar Chavez Road in Alamo, Texas, presents a unique investment opportunity. The 39,204 square foot lot, built in 2007, is currently improved with a mixed-use building featuring five distinct spaces. Two units are successfully operating as a bar and restaurant, while the remaining three units are utilized as an auto shop. All units are currently occupied, generating consistent income. The property's prime commercial location in Alamo, Hidalgo County, Texas (zip code 78516) offers excellent visibility and accessibility. This versatile property is ideal for a variety of uses, benefiting from its existing infrastructure and high occupancy rate. The asking price is $499,000, and owner financing is available, making this an attractive proposition for savvy investors seeking a strong return on investment. The property's land classification is designated as Land and Retail. This presents a rare chance to acquire a thriving commercial property with significant potential for future growth and development in a desirable Texas location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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