000 Nebraska RdAlamo, TX 78516

For Sale
$2,165,000

19.4 Acres, Project-Ready Multifamily Land

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 19.4-acre property in Alamo, Texas, presents a turnkey investment opportunity for multifamily development. Located in Hidalgo County, at 000 W Nebraska Road, zip code 78516 (26.1964777, -98.1244389), this land boasts a significant advantage: an official Notice to Proceed for a multifamily project is already in place. This eliminates substantial pre-development hurdles and allows for immediate construction. Essential utilities, including sewer and water, are readily available, further streamlining the development process and minimizing upfront costs. The property is situated in a rapidly growing area of Alamo, surrounded by new commercial and residential developments, indicating strong future appreciation potential. Convenient access to major roads and highways ensures excellent accessibility for future residents. Priced at $2,165,000, this project-ready land offers a compelling investment opportunity in a thriving Texas community. The property is zoned for Commercial, Residential, and Apartment Building uses, making it suitable for a variety of multifamily development plans. This is a rare chance to acquire a fully permitted and utility-serviced site, ready for immediate construction, in a high-growth area.

Highlights

  • 19.4-acre Alamo, TX multifamily development site with Notice to Proceed.
  • Located at 000 W Nebraska Road, Alamo, TX 78516.
  • Project-ready with available sewer and water utilities.
  • Situated in a rapidly growing area with strong appreciation potential.
  • Zoned for Commercial, Residential, and Apartment Buildings.
  • Priced at $2,165,000.

Property Details for 000 Nebraska Rd

Property type
Multifamily properties, Apartment buildings
Lot Size (sq. ft)
845,064 SF

Location Insight

City
Alamo
County
Hidalgo
State
Texas
Latitude
26.1964777
Longitude
-98.1244389
000 Nebraska Rd, Alamo, Texas

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000 Nebraska Rd
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