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Property profile & analytics
OFF-MARKET
Industrial properties

117 Martin Luther Blvd Alice, TX 78332

26,084 SF 2.58 ac lot Built 1983
Property ID
Property summary
AI-generated overview

This exceptional industrial property, formerly home to Alamo Lumber Company, presents a turnkey opportunity for a thriving business. Located in the heart of Alice, Texas, this 26,084 square foot facility sits on a 2.58-acre lot, offering ample space and visibility. Benefitting from prime frontage on State Highway 44, Martin Luther King Road, and Monterrey Street, the property enjoys high traffic counts and excellent street access. The site itself is entirely concrete and fully fenced, encompassing 2.239 acres. The building boasts over 26,000 square feet of climate-controlled workspace, including three offices, a spacious employee breakroom/meeting area, two bathrooms, and extensive storage. The property features upgraded electrical systems and air conditioning, ensuring efficient and comfortable operation. This is a truly remarkable opportunity to acquire a well-maintained, strategically located industrial space ready for immediate occupancy. The combination of size, location, and existing infrastructure makes this an ideal investment for a variety of businesses seeking a strong foothold in Alice, Texas.

Property profile
Verified
Property type Industrial properties
Year built 1983
Total area 26,084 SF
Lot 2.58 ac (112,385 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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