1523 Falfurrias S 281 Hwy Alice, TX 78332
This exceptional commercial property, located at 1523 S Falfurrias (S 281) Highway in Alice, Texas, presents a unique investment opportunity. The property boasts a total area of 4,500 square feet, strategically situated on a generous 1.87-acre lot. Its prime location offers convenient access to both US Business 281 and Highway 44, ensuring high visibility and easy accessibility for clients and employees. The building comprises a substantial warehouse space of approximately 3,966 square feet, perfectly suited for storage or various business operations. In addition, there are approximately 534 square feet of office space, thoughtfully designed with three individual offices, a welcoming reception area, and a restroom. Ample parking is available, with approximately 6,820 square feet dedicated to parking, providing ample space for vehicles and offering potential for future expansion. The property's versatility makes it suitable for a wide range of commercial uses. Seller financing is available, making this an attractive proposition for potential buyers. This property offers significant potential for growth and return on investment. The combination of size, location, and flexible space makes this a truly exceptional opportunity.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.