441 Amanda Ct Alamo, TX 78516
This exceptional 0.629-acre commercial lot, located at 441 Amanda Court in Alamo, Texas, presents a remarkable investment opportunity. The property boasts a substantial 27,398.804 square foot lot size, offering ample space for various commercial ventures. Currently zoned residential, the property has significant potential for commercial rezoning, subject to approval from the Hidalgo County Planning & Zoning Department. Its strategic corner location at the intersection of Tower Road and Amanda Court ensures high visibility and accessibility, making it an ideal site for businesses seeking maximum exposure. The area is characterized by high traffic volume and a mix of residential and commercial properties, creating a vibrant and thriving environment. Built in 1992, the property includes a 3,272 square foot, two-story building/home, which could be repurposed or removed to accommodate new construction. The asking price of $350,000 is highly competitive, making this an attractive proposition for discerning investors. Serious offers are being considered. Don't miss this chance to acquire a prime commercial lot in a rapidly developing area of Alamo, Texas. The property's zip code is 78516.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.