Current Use by Public Records
- Office Spaces
Property Details for Tx-Hwy 359
- Year built
- 2012
- Lot size
- 150.27 lot acres
- Property type
- Office Spaces
Description
This exceptional commercial property, located at 0 Tx-Hwy 359 in Alice, Texas, presents a unique investment opportunity. The 150.27-acre lot boasts a substantial 10,800 square foot main office building, complemented by four additional income-generating industrial buildings. The property's strategic location on Tx-Hwy 359 ensures high visibility and easy access, maximizing its potential for both current and future operations. Beyond the existing structures, the property includes an apartment building, providing additional revenue streams. A significant portion of the land remains undeveloped, offering considerable potential for expansion or new development projects. This versatile property is ideal for investors seeking a diversified portfolio with immediate income and significant long-term growth prospects. The existing buildings are currently generating income, providing a solid foundation for future investment. The large acreage provides ample space for future expansion or development, catering to a wide range of commercial ventures. This is a rare opportunity to acquire a substantial commercial property with immediate income and significant upside potential in a prime location. The combination of existing income-producing structures and substantial undeveloped land makes this a truly unique and attractive investment. The property's high traffic location and diverse building types make it an ideal investment for a variety of commercial interests.
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
- -98.0767
- Latitude
- 27.7483
