601 Alba Texas Alba, TX 75410
This exceptional industrial property, located at the SE corner of Wood County CR 2940 & CR 2941 in Alba, Texas, presents a compelling investment or owner-occupant opportunity. The property encompasses two buildings totaling approximately 9,000 square feet of net rentable warehouse space situated on a 0.826-acre lot. The main building boasts 6,000 square feet, featuring a steel frame, insulation, 16-foot ceilings (14-foot eaves), propane heat, a small (approximately 80 square foot) office, one restroom, and a conventional septic system. Access is provided by one 14-foot, one 12-foot, and two 10-foot grade-level doors, along with one 12-foot and one 10-foot overhead doors. The secondary building offers an additional 3,000 square feet of space, also constructed with a steel frame and insulation, and includes two 12-foot grade-level doors. The property's versatile design allows for various uses, including manufacturing, warehousing, and storage, and is easily divisible for multi-tenant occupancy. Its strategic location near the heart of Golden, Texas, offers convenient access to Highways 69 and 80, and is approximately nine miles north of Mineola, Texas. The asking price is $349,900.
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
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Property description
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Risks
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