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    Town Sq Alba, TX 75410

    For Sale
    $315,000

    Iconic building in Alba's heart, suitable for various commercial uses.

    Lot size:
    0.14 Acres

    Property Features for Town Sq

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1910

    Source: Scarborough Commercial Real LL Agent Sam Scarborough

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Alba Commercial Brick Building

    This iconic brick building is situated in the heart of downtown Alba, offering excellent visibility and presence. It features four individual office or retail spaces with a shared bathroom and a wide central hallway, making it suitable for multi-tenant leasing or owner operation. The property also offers a large open-concept layout with a kitchen and private bath, well-suited for use as a residence, restaurant, event venue, gym, or large retail concept.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Alba
    County
    Wood
    State
    Texas
    Longitude
    -95.5841
    Latitude
    32.7615

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    FAQs

    What type of property is this?
    Office space - Iconic building in Alba's heart, suitable for various commercial uses.
    Where is this office space located?
    The property is located at Town Sq Alba, TX.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: - Prime downtown location with excellent visibility; - Versatile floor plan suitable for multi-tenant leasing or owner operation; - Flexible use space adaptable as residence, restaurant, event venue, gym, or retail
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    Town Sq Alba, TX 75410
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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
    Town Sq Alba, TX 75410
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