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515 E 83 , Alamo, TX 78516

$1,450,000

14,050
sqft
2008
year built

This commercial property offers an exceptional investment opportunity in a prime high-traffic location with excellent visibility and accessibility. Situated on approximately 0.90 acres, the property benefits from strong daily traffic counts of approximately 16,541 vehicles north-south and 15,229 vehicles east-west. Conveniently located near the expressway, the site provides easy access for both customers and tenants. One retail space is currently occupied by DHR Health Orthopedic and Sports Therapy Institute, while an additional retail suite is available, offering leasing or owner-user potential. Ideal for investors seeking strong visibility and future growth opportunities.

Highlights

  • Commercial Sale
  • Built in 2008
  • 0.9008 Acre Lot
  • 34 Car Garage
  • 167 days on Market

  • Year Built
    2008
  • Stories
    2.0
  • Construction Materials
    Stucco, Block
  • Garage Spaces
    34.0
  • Parking Features
    Paved
  • Living Area
    14050.0
  • Appliances
    Electric Water Heater
  • Flooring
    Tile, Concrete
  • Security Features
    Security System
  • Cooling
    Central Air
  • Heating
    Central

  • Acres
    0.9008
  • Lot Features
    See Remarks

  • County
    Hidalgo
  • City
    Alamo
  • Neighborhood
    West Tower Subdivision
  • Zip Code
    78516

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Frequently Asked Questions

How do I schedule a tour of 515 E 83?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 515 E 83.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 515 E 83?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,450,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Alamo, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 515 E 83?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 515 E 83 at around $8,993. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 515 E 83?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Hidalgo County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 515 E 83?

In most cases, yes. Whether 515 E 83 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Alamo's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 515 E 83?

We can handle that for you. Our preferred local agent specializes in commercial sales in Alamo and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,450,000 with 14,050 sqft of space—that comes out to approximately $103 per square foot.

How long has this property been on the market?

515 E 83 was listed on May 25, 2026, which means it's been on the market for 167 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2008, making it approximately 18 years old.

What is the lot size of this property?

515 E 83 sits on a 0.9-acre lot, which is 39,204 square feet.

What are the property taxes for 515 E 83?

The most recent public record shows annual property taxes for 515 E 83 were approximately $13,570. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 515 E 83 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Greater McAllen Association of REALTORS. All rights reserved.

Last Updated: November 08, 2026 at 12:23PM | Source: Greater McAllen Association of REALTORS | MLS#: 505387