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    Property profile & analytics

    305 Johnson St Alice, TX 78332

    • Commercial real estate
    For Sale
    View listing
    $150,000
    Value Estimation
    Location Intelligence
    Property ID
    US82-8244107
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 305 Johnson St

    Property type
    Commercial real estate
    APN
    1108509100000
    APU
    1108509100000

    Description

    This exceptional commercial property, located at 305 & 323 N Johnson Street in Alice, Texas, offers 2,100 square feet of versatile space on a 0.24-acre lot. Currently configured for retail use, this property presents a multitude of opportunities for various business ventures. Its adaptable layout allows for easy conversion to office space or other commercial applications, catering to a wide range of potential tenants. The property benefits from its convenient location, offering easy access for customers and employees alike. A significant advantage is its proximity to an elementary school, ensuring high visibility and potential foot traffic. The asking price for this prime commercial real estate is $150,000. This represents a compelling investment opportunity in a thriving Texas community. The property's size and location make it an ideal choice for businesses seeking a strong presence in Alice. Its flexibility and accessibility make it a highly desirable asset for entrepreneurs and established companies alike. Serious inquiries are encouraged to explore the potential of this exceptional commercial property.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alice
    County
    Jim Wells
    State
    Texas
    Longitude
    -98.0829
    Latitude
    27.7537
    CBSA code
    10860
    CBSA name
    ALICE, TX MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $20,360
    $0.00
    $20,360
    -
    $20,360
    $0.00
    $20,360

    Comparable in this City

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      102 Reynolds St

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      228 Terrell St

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      228 Terrell St, Alice, TX 78332-3354
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      0.48 Acres

      Aransas Pass St

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      1.00 Acre

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      COMMERCIAL (GENERAL) • 1.00 Acre
      281 Hwy Byp, Alice, TX 78332
      View Details

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    305 Johnson St
    Alice, TX 78332
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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