101 N Alamo Road Alamo, TX $ 1,075,000
101 N Alamo Road
$ 1,075,000
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101 N Alamo Road

Alamo, TX, 78516
$ 1,075,000
Baths0.0 Sq 6,791

Monthly Estimate*

$ 7,509

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Studio

Commercial Property for sale in Alamo, TX

for $1,075,000. This 6,791 square foot building was built in 1988 on a lot size of 0.4714.

Calling all investors!! This mixed-use property consists of 4 apartments, 1 manufactured home, and 3 commercial spaces (currently being used as childcare facility, snack shop & beauty spa). Instantly generate revenue with roughly $7,400 in monthly gross rents from the leases that are in place! All units are currently leased and occupied, each having at least one designated parking space for tenants use. The on-site laundry facility provides a convenient amenity for tenants and an additional source of revenue for the owner, currently averaging roughly $400 of monthly income. All units are individually metered power. Refrigerator and stove convey in each apartment. Situated in a very easily accessible, high traffic area, corner of a major intersection for high visibility (Business 83 and Alamo Rd)

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Commercial Active

Price

$ 1,075,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,131

Style

Commercial

Lot Size

0.4714

Year Built

1988

Town/City

Alamo

County/Region

Hidalgo

MLS | Web ID

400607

Features
General
Heating Central Other HVAC
Cooling Central Air Other HVAC
Possession Closing and Funding
Roof Clay Tile
Appliances Electric Water Heater
Exterior Features Storage
Garage Spaces 16
Construction Materials Block Other
Year Built 1988
Electric Separate Electric Meters
Property SubType Commercial
Tax Year 2021
Current Use Business Service Daycare Other Retail
County Hidalgo
Property Type Commercial Sale
HOA / Comm Assn No
Energy Efficient None
Subdivision Name Rio
Garage Y/N Yes
Status Active
Directions From McAllen head East on 83 exit Alamo Rd South on Alamo Rd property is on the right
City Alamo
Lot Size Square Feet 20534.184
Carport Spaces 2
Carport Y/N Yes
Street Name Alamo
Tax Annual Amount 9131
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Grounds None
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Interior
Flooring Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Road
Living Area Units Square Feet
Retail SqFT 650
Warehouse SqFt 0
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Exterior
Parking Features Paved
Lot Features See Remarks
Water Source Separate Water Meters
Total Parking 18
Lot Size Area 20534.184
Building Area Total 6791
Lot Size Acres 0.4714
Lot Size Units Square Feet
Covered Spaces 18
Road Frontage Type City Street
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* Excluded Features
List By
Sylvia (Astrid) Munoz

Listing Agent

Pinnacle Realty Advisors

Broker

astridmunozrealtor@gmail.com

Email

Affordability Calculator

$8,270
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,509
Monthly Property Taxes
$761
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3057399 Elementary School
3057620 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/22/2024$1,075,000 -14.00% Price Down
1/29/2024$1,250,000 Listed Price

Map


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101 N Alamo Road, Alamo, TX, 78516 is a Commercial Property for sale at $1,075,000 with 6,791 sqft and a lot size of 0.4714. 101 N Alamo Road is a studio with 0.0 baths and was built in 1988. The property's zip code is 78516 which is in Alamo, TX