3677 Tx-359 Alice, TX 78332
This vacant industrial property in Alice, Texas, offers 14,068 square feet of warehouse space across two buildings on a 12.5-acre lot. The main building boasts 10,500 square feet with 14-16' overhead doors, 24'/20' center/wall clearances, a 5-ton bridge crane, 3 offices, and 3 bathrooms. A 1,500 square foot office and a 2,000 square foot heavy machine room are also included. The property features 220/480 power. A secondary 3,600 square foot rear shop building includes 10-14' overhead doors, 20'/18' center/wall clearances, a shower bath, a wash bay, and a fuel station. This building also has an 18' roof with lighting. The property also includes a 15,000-gallon fuel storage tank. Built in 2005, this commercially zoned property (APN: 9455-0000-0060, 9455-0000-0050, 9455-0000-0070) is ideally suited for various industrial uses, including oilfield services, energy services, trucking, distribution, and more. Its strategic location offers excellent access to major transportation corridors and is proximate to significant industrial development projects, including a new Tesla lithium refinery, Occidental Petroleum's carbon capture plant, a Steel Dynamics steel mill, and the Port of Corpus Christi. The asking price is $1,200,000 ($85.30/sq ft).
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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