Current Use by Public Records
- Industrial properties
Property Details for 916 Hwy
- Year built
- 1900
- Lot size
- 0.06 lot acres
- Property type
- Industrial properties
Description
This 480-square-foot industrial building, situated on a 0.06-acre lot at 916 S Hwy 281 in Alice, Texas, presents a unique investment opportunity. Previously used as a restaurant, the property offers significant potential for redevelopment or repurposing. Its compact size makes it suitable for a variety of small businesses or entrepreneurial ventures. The building's location on Highway 281 ensures high visibility and accessibility, benefiting from substantial daily traffic flow. The property's relatively small footprint minimizes maintenance costs and operational overhead, making it an attractive option for budget-conscious investors. Given its prior use as a restaurant, the building may already possess some necessary infrastructure, such as plumbing and electrical systems, potentially reducing renovation expenses. The property's price point of $68,900 makes it a compelling investment in the Alice, Texas market. Serious inquiries are encouraged to explore the possibilities this versatile property offers. The property is sold as-is. Buyers are responsible for conducting their own due diligence.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alice
- County
- Jim Wells
- State
- Texas
- Longitude
- -98.0832
- Latitude
- 27.7419
