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    951 Us-281 Alice, TX 78332

    For Lease
    $7 SF/Yr ($5,906 /Mo)

    10,125 SF Single-Tenant Office Space

    Lot size:
    10,125 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 10,125-square-foot single-tenant office building presents a remarkable opportunity in Alice, Texas. Situated on a 1.099-acre lot at 951 US-281, zip code 78332, this property boasts ample parking, with a ratio of 10 spaces per 1,000 square feet. Constructed in 2004, the building is a single-story structure, offering versatile space ideal for a variety of uses. Previously occupied by Dollar General, the building's zoning is designated as Retail, allowing for diverse possibilities. The property's location provides convenient access to major roadways and other retail establishments, enhancing its visibility and accessibility. The entire 10,125 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. The property's size and location make it suitable for a wide range of businesses, including but not limited to retail operations, event centers, or traditional office spaces. This is a unique opportunity to acquire a substantial property in a growing Texas market. The property's ample parking and convenient location make it an attractive option for businesses seeking high visibility and easy access for customers and employees. The building's single-story design offers ease of navigation and accessibility. Consider the potential of this versatile space and its prime location in Alice, Texas.

    Property Features for 951 Us-281

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,125 SF
    Total Rate
    5906.25

    Building Details

    Year Built
    2004
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    10,125 SF
    Rate per SF
    $7

    HighLights

    • 10,125 SF single‑tenant office building on a 1.099‑acre lot in Alice, TX (78332).
    • Located at 951 US‑281 with ample parking (10 spaces per 1,000 SF).
    • Built in 2004, single‑story, currently vacant, and zoned Retail.
    • High visibility location with convenient access to major roadways and other retail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alice
    County
    Jim Wells
    State
    Texas
    Longitude
    -98.123507848244
    Latitude
    27.351671773643

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    FAQs

    What type of property is this?
    Specialty property - 10,125 SF Single-Tenant Office Space
    Where is this specialty property located?
    The property is located at 951 Us-281 Alice, TX.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: 10,125 SF single-tenant office building on a 1.099-acre lot in Alice, TX (78332).; Located at 951 US-281 with ample parking (10 spaces per 1,000 SF).; Built in 2004, single-story, currently vacant, and zoned Retail.
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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
    951 Us-281 Alice, TX 78332
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