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    Property profile & analytics

    1716 Alamo Rd Alamo, TX 78516

    • Strip malls
    • 13,112 SF
    • 2.47 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Last Sale
    Dec 22, 2022
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-8023332
    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 1716 Alamo Rd

    Year built
    2013
    Lot size
    2.47 lot acres
    Property size
    13,112 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    A1800-00-048-0012-00
    APU
    A180000048001200

    Description

    This exceptional single-tenant retail property, located at 1716 N Alamo Road #4 in Alamo, Texas, 78516, offers 911 square feet of versatile space ideal for a variety of commercial uses, including retail, restaurant, or special purpose businesses. Situated on a 2.629-acre lot, the property boasts 102 parking spaces, ensuring ample convenience for customers and employees. The property is part of a neighborhood strip center on North Alamo Road, south of Minnesota Road, and features three available units, with Suites 3 and 4 offering the possibility of combination. Each unit is delivered vanilla-boxed, providing a blank canvas for tenant customization. The property benefits from a large paved parking lot and the availability of pylon signage for enhanced visibility. Lease terms are modified gross, with water included, offering a cost-effective solution for prospective tenants. The property's APN is A180000048001200. This location presents a compelling opportunity for businesses seeking a well-positioned retail space in a thriving Alamo community. The property's convenient access and ample parking make it an attractive option for both businesses and their clientele.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,020,000
      Current use
      WAREHOUSE, STORAGE
      $1,110,000
      Change: +9% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Alamo
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1144
    Latitude
    26.2295
    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
    $19,505
    $141,089
    $782,683
    $923,772
    -
    $141,089
    $782,683
    $923,772

    Comparable in this City

    • Value Estimation by Request
      5,354 SF

      715 Alamo Rd

      SHOPPING CENTER, STRIP CENTER • 5,354 SF
      715 Alamo Rd, Alamo, TX 78516-3700
      View Details
    • Value Estimation by Request
      3,480 SF

      754 Alamo Rd

      SHOPPING CENTER, STRIP CENTER • 3,480 SF
      754 Alamo Rd, Alamo, TX 78516-2502
      View Details
    • Value Estimation by Request
      5,296 SF

      501 Alamo Rd

      SHOPPING CENTER, STRIP CENTER • 5,296 SF
      501 Alamo Rd, Alamo, TX 78516-2307
      View Details
    • Value Estimation by Request
      4,375 SF

      1246 Cesar Chavez Rd

      SHOPPING CENTER, STRIP CENTER • 4,375 SF
      1246 Cesar Chavez Rd, Alamo, TX 78516-6828
      View Details
    • Value Estimation by Request
      2,816 SF

      Cesar Chavez Rd

      SHOPPING CENTER, STRIP CENTER • 2,816 SF
      Cesar Chavez Rd, Alamo, TX 78516
      View Details
    • Value Estimation by Request
      3,000 SF

      521 Frontage Rd

      SHOPPING CENTER, STRIP CENTER • 3,000 SF
      521 Frontage Rd, Alamo, TX 78516-2382
      View Details

    Similar Nearby for Sale

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      New 7-Eleven Travel Center

      New construction 7-Eleven with high-speed diesel lanes and Laredo Taco.
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      Gas station in a busy location, generating additional income.
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      Mixed-Use Development Opportunity in Alamo

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    Similar Nearby for Lease

    • $15 SF/Yr
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      Alamo Road Commercial Space Available

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      1716 Alamo Rd, Alamo, TX 78516
      View Details
    • $15 SF/Yr
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      1716 N Alamo Road # 6

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      View Details
    • $15 SF/Yr
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      Prime Alamo retail space, ample parking.
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    • $1,300 /Mo
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      New Commercial Space in Alamo

      New construction commercial space with easy access to Expressway 83.
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    • $7 SF/Yr
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      Alamo, TX Warehouse For Sale

      Prime Cold Storage Facility, 30,617 SF
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    • $22 SF/Yr
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      Prime Duranta Ave Office Space

      Executive Office Suite - 4,814 sq ft
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      View Details
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    Alamo, TX 78516
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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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