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OFF-MARKET
Specialty properties

951 Us-281 Alice, TX 78332

10,125 SF 1.1 ac lot Built 2004
Property ID
Property summary
AI-generated overview

This exceptional 10,125-square-foot single-tenant office building presents a remarkable opportunity in Alice, Texas. Situated on a 1.099-acre lot at 951 US-281, zip code 78332, this property boasts ample parking, with a ratio of 10 spaces per 1,000 square feet. Constructed in 2004, the building is a single-story structure, offering versatile space ideal for a variety of uses. Previously occupied by Dollar General, the building's zoning is designated as Retail, allowing for diverse possibilities. The property's location provides convenient access to major roadways and other retail establishments, enhancing its visibility and accessibility. The entire 10,125 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. The property's size and location make it suitable for a wide range of businesses, including but not limited to retail operations, event centers, or traditional office spaces. This is a unique opportunity to acquire a substantial property in a growing Texas market. The property's ample parking and convenient location make it an attractive option for businesses seeking high visibility and easy access for customers and employees. The building's single-story design offers ease of navigation and accessibility. Consider the potential of this versatile space and its prime location in Alice, Texas.

Property profile
Verified
Property type Specialty properties
Year built 2004
Total area 10,125 SF
Lot 1.1 ac (47,872 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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