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Property profile

705 E Us Highway 83 Alamo, TX 78516

FOR SALE
Showrooms
Property ID
US82-3313442
7,200 SF 1.1 ac lot Built 1973
Last sale Jul 2020
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of pad sites intended for development of a proposed 12-screen Cinemark theater in Alamo, Texas, located in the northeast quadrant of Tower Road and Interstate 2. The site area is positioned for restaurant uses, including quick-service and sit-down restaurants. Traffic volumes reported for 2020 include 106,127 vehicles on Interstate 2, 10,349 vehicles on North Tower Road, and 11,943 vehicles on South Tower Road.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$15k
Tax billed · 2022
Assessed value · 2023$575k
Assessed land$182k
Assessed improvement$393k
Effective rate2.67%

Value estimate

· Oct 2026
$410k
$369k – $451k
NOI build-up
Gross scheduled income$106k
Vacancy & credit loss−$7k
Operating expenses−$15k
NOI · 7.01% cap applied$84k

Realmo valuation models over county records and 5 qualifying comparable sales.

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?
7.01%
$84k 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.

JurisdictionHIDALGO

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 agency23.3
Wholesale Shop12.2
Electrical Service11.9

Location

705 E Us Highway 83 Alamo, TX 78516
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales 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

2 recorded sales · 14 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1100 Michigan, Alamo, TX 78516-6979 $45,000 Mar 2024 772 SF
440 Cherokee, Alamo, TX 78516-6875 $130,000 Jan 2023 616 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
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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