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$195,000

2527 N Us Highway 281, Alice, TX, 78332

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths6,184 Sq Ft
IndustrialIndustrial
price_per_sqft$31.53 / sqft
Year BuiltBuilt in 1982

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size39,030 sqft

Land Information

APN1175001200000
Lot Number11
Land UseCommercial
Legal DescriptionHOWELL ADDN LT 11 BLK 1 0000.8960
Census Tract950400
Assessed Land Value$17,774
Assessed Improvement Value$190,633
Assessment Year2025

About this property

BACK ON THE MARKET AT AN UNBEATABLE COMPETITIVE PRICE Maximize your commercial footprint with this high-visibility compound sitting on nearly an acre directly on N US Highway 281 in Alice, priced well below tax appraisal value. Currently operating as an active, fully functional gym, this versatile layout easily converts into an expansive warehouse, light industrial facility, or distribution hub. The property features 4 distinct buildings totaling nearly 8,000 square feet of structural space. The footprint includes a massive open-concept main building currently being used as a gym, a standalone storefront (previously a supplement shop), a unique dual-space structure with a large recreational room and independent office layout, plus a final standalone building. The entire lot is fully enclosed with heavy duty fencing, a steel front entry, and reinforced caliche ground optimized for equipment and ample parking. So much potential......Schedule your tour today!

Investor Tools

$0Estimated Mortgage Balance
$208,407Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,250 /month
Positive
Cash Flow Estimate:
$417 /month

Interested in this property?

Erica Garcia

RE/MAX ELITE

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,831
$208,407
2025
$17,774
$190,633
$208,407
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,831
$208,407

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$208,407
100%
0%
$0/mo

City: Alice

2527 N Us Highway 281 | Property Details | No Agent List