901 Fesco Ave Alice, TX 78332
This exceptional industrial property, located at 901 Fesco Ave, Alice, TX 78332, presents a significant investment opportunity. The single-story warehouse building, constructed in 2002, boasts a total area of approximately 20,880 square feet situated on a 6.15-acre lot. The warehouse itself comprises roughly 16,880 square feet, complemented by a 4,000 square foot canopy. The property features fourteen 16' x 16' electric overhead doors and a wash bay, making it ideal for various industrial uses. Importantly, the building is a shell-only space, offering flexibility for tenant build-out. The property includes a fenced and stabilized yard, providing ample secure outdoor space. The zoning is IC - Industrial, ensuring compatibility with a wide range of industrial operations. The property's convenient location near the Alice Airport adds to its appeal. This property is available for sale at an asking price of $625,000 and is also available for lease. The APN is 1158700600000. This is a rare opportunity to acquire a substantial industrial property in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.