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Property profile & analytics
OFF-MARKET
Industrial properties

1010 6Th St Alice, TX 78332

8,140 SF 0.52 ac lot Built 1900
Property ID
US82-8774281
Property summary
AI-generated overview

This exceptional 8,140 square foot industrial property, located at 1010 E 6th Street in Alice, Texas, presents a compelling investment opportunity. Situated on a 0.52-acre lot, the building offers significant versatility and immediate income potential. Currently configured as two distinct spaces, the property boasts a substantial office area ideal for various business needs, complemented by a sizable banquet hall. This dual-use setup allows for diverse income streams and potential for future expansion. The existing leases provide a stable revenue stream from day one, minimizing initial vacancy risk. The ample square footage allows for flexibility in tenant configuration and potential for future development or subdivision. The property's location in Alice, Texas, offers convenient access to local amenities and transportation routes. The included lot on the right side of the building provides additional space for expansion, parking, or outdoor storage, adding further value to this already attractive investment. This property is priced competitively at $450,000 and represents a strong return on investment for a savvy buyer seeking a well-established, income-generating asset with significant upside potential. Serious inquiries are encouraged.

Property profile
Verified
Property type Industrial properties
Year built 1900
Total area 8,140 SF
Lot 0.52 ac (22,651 SF)
UPID US82-8774281
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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