305 Johnson St Alice, TX 78332-4421
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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.