1716 Alamo RdAlamo, TX 78516

Property Details for 1716 Alamo Rd

Year built

2013

Lot size

2.47 AC

Property size (Sq ft)

13,112 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

A1800-00-048-0012-00

APU

A180000048001200

Description

This exceptional single-tenant retail property, located at 1716 N Alamo Road #4 in Alamo, Texas, 78516, offers 911 square feet of versatile space ideal for a variety of commercial uses, including retail, restaurant, or special purpose businesses. Situated on a 2.629-acre lot, the property boasts 102 parking spaces, ensuring ample convenience for customers and employees. The property is part of a neighborhood strip center on North Alamo Road, south of Minnesota Road, and features three available units, with Suites 3 and 4 offering the possibility of combination. Each unit is delivered vanilla-boxed, providing a blank canvas for tenant customization. The property benefits from a large paved parking lot and the availability of pylon signage for enhanced visibility. Lease terms are modified gross, with water included, offering a cost-effective solution for prospective tenants. The property's APN is A180000048001200. This location presents a compelling opportunity for businesses seeking a well-positioned retail space in a thriving Alamo community. The property's convenient access and ample parking make it an attractive option for both businesses and their clientele.

• CAP approach

  CAP return

  Valuation

  6%

  $2,040,180

  6.5%

  $1,883,240

  7%

  $1,748,730

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,175,890

  Geo Method

  $3,099,160

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,648,630

  Mixed-Use / Specialty

  $1,886,180

  Hospitality / Lodging

  $1,396,390

  Office

  $1,885,020

  Institutional / Educational

  $1,964,310

  Residential Income

  $2,298,240

  Multifamily

  $2,702,910

  Automotive / Energy

  $1,683,700

  Parking / Income-Based Land

  $571,492

  Restaurant / Food Service

  $1,001,600

  Healthcare / Senior Housing

  $1,924,350

Location Insight

City

Alamo

County

Hidalgo

State

Texas

Latitude

26.2295

Longitude

-98.1144

CBSA code

32580

CBSA name

MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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