Financial
Distress signals
Property profile

202 N Parkway Dr Alvarado, TX 76009

FOR LEASE
Other commercial real estate
Property ID
US83-4209145
2,263 SF 0.19 ac lot Built 1943
Last sale Dec 2025
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An approximately 550-square-foot office space in Alvarado, Texas, situated on a 0.195-acre lot. The interior layout is designed to include two offices, a break room, and one restroom, with the configuration able to accommodate a wall separation to adjust the usable square footage. The space is suited for small, standalone office uses such as service and personal care businesses (e.g., a hair salon or barber shop) or other freestanding office-type operations. Tenant setup includes providing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2018

What does the county charge?
$2k
Tax billed · 2018
Assessed value · 2023$104k
Assessed land$21k
Assessed improvement$83k
Effective rate2.08%

Value estimate

· Sep 2026
$285k
$257k – $314k
AI approach$285k
NOI build-up
Gross scheduled income$56k
Vacancy & credit loss−$3k
Operating expenses−$16k
NOI · 2,504.13% cap applied$38k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
2,504.13%
$38k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionJOHNSON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.3
Hair Salon11.2
Dental Office10.4

Location

202 N Parkway Dr Alvarado, TX 76009
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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