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    1523 Falfurrias S 281 Hwy Alice, TX 78332

    For Sale
    $199,000

    Spacious Office & Warehouse, Excellent Location

    Property size:
    4,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial property, located at 1523 S Falfurrias (S 281) Highway in Alice, Texas, presents a unique investment opportunity. The property boasts a total area of 4,500 square feet, strategically situated on a generous 1.87-acre lot. Its prime location offers convenient access to both US Business 281 and Highway 44, ensuring high visibility and easy accessibility for clients and employees. The building comprises a substantial warehouse space of approximately 3,966 square feet, perfectly suited for storage or various business operations. In addition, there are approximately 534 square feet of office space, thoughtfully designed with three individual offices, a welcoming reception area, and a restroom. Ample parking is available, with approximately 6,820 square feet dedicated to parking, providing ample space for vehicles and offering potential for future expansion. The property's versatility makes it suitable for a wide range of commercial uses. Seller financing is available, making this an attractive proposition for potential buyers. This property offers significant potential for growth and return on investment. The combination of size, location, and flexible space makes this a truly exceptional opportunity.

    Property Features for 1523 Falfurrias S 281 Hwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,500 SF
    Lot Size
    81,457 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Alice
    County
    Jim Wells
    State
    Texas
    Longitude
    -98.07749
    Latitude
    27.74396

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    FAQs

    What type of property is this?
    Office Property / Space - Spacious Office & Warehouse, Excellent Location
    Where is this office property / space located?
    The property is located at 1523 Falfurrias S 281 Hwy Alice, TX.
    What is the asking price?
    The asking price for this property is $199,000.
    (361) 929-5003
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    Alice, TX 78332
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1523 Falfurrias S 281 Hwy Alice, TX 78332
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