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Property profile & analytics
OFF-MARKET
Office Spaces

2527 Hwy Alice, TX 78332

3,528 SF Built 2002
Property ID
Property summary
AI-generated overview

This exceptional commercial property located at 2527 N Hwy 281 in Alice, Texas, presents a unique investment opportunity. The offering encompasses four separate buildings situated on a parcel of land just under one acre. The total building space is approximately 7,000 square feet, with one building currently configured and utilized as a fitness center. This metal building is a significant asset, offering immediate income potential or the flexibility to adapt to a variety of uses. The remaining three buildings have undergone renovations, enhancing their functionality and appeal. The property's substantial size and versatile layout offer a wide range of potential uses, making it ideal for a variety of businesses or investors seeking to expand their portfolio. The strategic location on Highway 281 ensures high visibility and accessibility, further enhancing its commercial viability. This property is priced at $285,000 and presents a rare chance to acquire a substantial commercial holding with significant upside potential. The existing improvements provide a solid foundation for immediate occupancy or redevelopment, catering to a diverse range of business needs. Don't miss this opportunity to secure a prime commercial property in a thriving Texas market. The 3,528 square foot main building offers ample space for various business operations. The property's versatility and location make it an attractive investment for both established businesses and entrepreneurs.

Property profile
Verified
Property type Office Spaces
Year built 2002
Total area 3,528 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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