Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    901 Fesco Dr Alice, TX 78332

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial warehouse, 6.15 acres, Alice, TX

    Lot size:
    20,880 SF

    Property Features for 901 Fesco Dr

    General Information

    Property type
    Distribution centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,880 SF

    Building Details

    Buildings
    1

    Spaces For Lease

    at 901 Fesco Dr, Alice, TX 78332 Contact us

    We can help!

    Listing Contact
    Josh Gaines
    Josh Gaines

    Listing Agency: Gaines Organization Listing Agent: Josh Gaines

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

    Learn more

    Property Insight Report

    Overview

    This exceptional industrial property, located at 901 Fesco Dr in Alice, Texas, offers a substantial 20,880 square feet of warehouse space. The single-tenant building sits on a sizable 6.15-acre lot, providing ample room for operations and expansion. The warehouse itself comprises approximately 16,880 square feet, complemented by a 4,000 square foot canopy. The property features 14, 16' x 16' electric overhead doors, facilitating efficient loading and unloading. The site boasts a fenced and stabilized yard, enhancing security and functionality. This shell-only building offers a blank canvas for customization, allowing tenants to design their ideal workspace. The property is zoned IC - Industrial, and is located in Jim Wells County, with the APN 11587-006-000-00. The asking price is $625,000. Lease options are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Spa & Massage Center Building Supply Auto Repair Shop Auto Parts Store Department Store HVAC Service Bar & Pub Storage Facility Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alice
    County
    Jim Wells
    State
    Texas
    Longitude
    -98.036749288389
    Latitude
    27.745279000922

    Nearby Similar for Lease

    • $4,500 /Mo
      10,000 SF

      Commercial Building in Alice, TX

      10,000 sq ft commercial building for lease in Alice.
      1881 S Reynolds St, Alice, TX 78332
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space Near Walmart

      Retail space available in Alice, Texas, near Walmart.
      2000 Dr N W Atkinson Blvd, Alice, TX 78332
      View Details
    • $7 SF/Yr
      10,125 SF

      Prime Alice, TX Office Building

      10,125 SF Single-Tenant Office Space
      951 Us Highway 281, Alice, TX 78332
      View Details
    • Contact for pricing
      7,500 SF

      Industrial Warehouse with Fenced Yard

      7,500 SF warehouse with a fenced 0.5-acre yard.
      4532 At County Rd 153, Alice, TX
      View Details
    • Contact for pricing
      1,520 SF

      Retail Center in Alice, TX

      Retail center with national and local retailers and restaurants.
      2611 E Main St, Alice, TX 78332
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Sagewood Mall

      Multiple retail spaces available in high-traffic Alice, Texas mall.
      1409-1501 E Main St, Alice, TX 78332
      View Details

    FAQs

    What type of property is this?
    Distribution center - Industrial warehouse, 6.15 acres, Alice, TX
    Where is this distribution center located?
    The property is located at 901 Fesco Dr Alice, TX.
    What are key features of this property?
    This property features: Close proximity to Alice, TX Airport; Sale or lease options available; 6.15-acre site
    (361) 442-2825 Call to check price and availability
    Request Owner's contact information
    901 Fesco Dr Alice, TX 78332
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    901 Fesco Dr
    Alice, TX 78332
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    901 Fesco Dr Alice, TX 78332
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Josh Gaines
    Josh Gaines
    (361) 442-2825
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!