951 Us-281 Alice, TX 78332
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.
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.