117 Martin Luther Blvd Alice, TX 78332
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.