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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2347 Alamo Rd Alamo, TX 78516

    • Commercial real estate
    • 4.55 lot acres
    For Sale
    View listing
    $299,900
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9045496
    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

    • Commercial real estate

    Property Details for 2347 Alamo Rd

    Lot size
    4.55 lot acres
    Property type
    Commercial real estate

    Description

    This 4.55-acre property, located at 2347 S Alamo Road in Alamo, Texas (zip code 78516), presents a unique opportunity for commercial or industrial development. The land is entirely covered in caliche, offering a solid foundation for construction. Situated outside city limits, this expansive parcel provides ample space for a warehouse, or other commercial ventures. While the property is in a partial flood zone, a survey is available for review, providing detailed information regarding the land's characteristics and potential flood risks. The asking price for this versatile property is $299,900. Its location in Hidalgo County, Texas, offers convenient access to major transportation routes and a growing regional economy. Buyers are encouraged to conduct their own due diligence regarding zoning regulations and potential development restrictions. This is a rare opportunity to acquire a substantial tract of land with significant commercial potential in a desirable location. The property's size and caliche composition make it particularly attractive for projects requiring a strong, stable base. Serious inquiries are welcome.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Alamo
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1347739
    Latitude
    26.1225169

    Comparable in this City

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      Alamo, TX: 15.67 Acres

      Prime Texas Land: Farm, Commercial, Residential Potential
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    • $1,500,000
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      Prime Texas Farmland Investment

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    • $594,594
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      Alamo Commercial Land - High Traffic

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    • $1,500,000
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      Alamo, TX Commercial Land & Warehouse

      7-Acre Industrial Property, High Visibility
      92 Expy 83 Hwy, South Alamo, TX 78516
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    • $1,500,000
      46.51 Acres

      46.51 Acres in Alamo, TX

      Large flat land tract between Alamo and Donna, Texas.
      Wisconsin Rd, Alamo, TX 78516
      View Details
    • $1,071,576

      Pad Sites Near Alamo Theater

      Pad sites available near proposed Cinemark theater in Alamo.
      714 N Tower Rd, Alamo, TX 78516
      View Details

    Similar Nearby for Sale

    • $800,000
      15.67 Acres

      Alamo, TX: 15.67 Acres

      Prime Texas Land: Farm, Commercial, Residential Potential
      0 Earling Rd, Alamo, TX 78516
      View Details
    • $1,500,000
      46.51 Acres

      Prime Texas Farmland Investment

      46.51 Acres, $1.5M, Alamo, TX
      0 Wisconsin Rd, South Alamo, TX 78516
      View Details
    • $594,594
      3.90 Acres

      Alamo Commercial Land - High Traffic

      3.9-acre commercial lot, prime location.
      0 Crockett Ave, Alamo, TX 78516
      View Details
    • $1,500,000
      7.00 Acres

      Alamo, TX Commercial Land & Warehouse

      7-Acre Industrial Property, High Visibility
      92 Expy 83 Hwy, South Alamo, TX 78516
      View Details
    • $1,500,000
      46.51 Acres

      46.51 Acres in Alamo, TX

      Large flat land tract between Alamo and Donna, Texas.
      Wisconsin Rd, Alamo, TX 78516
      View Details
    • $1,071,576

      Pad Sites Near Alamo Theater

      Pad sites available near proposed Cinemark theater in Alamo.
      714 N Tower Rd, Alamo, TX 78516
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
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      Prime Duranta Ave Office Space

      Executive Office Suite - 4,814 sq ft
      427 Duranta Ave, Alamo, TX 78516
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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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    • $15 SF/Yr
      911 SF

      Alamo Road Commercial Space Available

      Texas Office/Retail Space - 911 sq ft
      1716 Alamo Rd, Alamo, TX 78516
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    • $15 SF/Yr
      1,822 SF

      1716 N Alamo Road # 6

      Restaurants
      1716 Alamo Rd, Alamo, TX 78516
      View Details
    • $18 SF/Yr
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      Alamo Executive Office Suite 105

      Prime Alamo Office Space, 1920 sq ft
      427 Duranta Ave, Alamo, TX 78516
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    • $21 SF/Yr
      2,689 SF

      Alamo Commercial Land Opportunity

      High-Visibility Alamo Land, 8,999 sq ft
      122 Alamo Rd, Alamo, TX 78516
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    2347 Alamo Rd
    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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