1736 Amigo Ave Alamo, TX 78516
This exceptional 1.034-acre commercial property located at 1736 Amigo Avenue, Alamo, Texas 78516, presents a remarkable investment opportunity. Built in 2019, this land boasts prime frontage on Tower Road and is just one lot away from Minnesota Road. Currently utilized as a church, the property's versatility allows for diverse income streams. Three existing dwellings on the site offer immediate rental income potential, complemented by additional rentable storage units. The ample space allows for expansion, with the possibility of constructing more dwellings to further enhance revenue generation. The property's strategic location and existing infrastructure make it an ideal investment for those seeking a high-return commercial venture in the thriving Alamo, Texas market. The asking price is $420,000. Hidalgo County location and easy access to major roadways add to its appeal. This is a rare opportunity to acquire a well-situated commercial property with significant income-generating potential.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.