Retail-Pharmacy
Property Type
9,907 sq ft
Area Size
1995
Year Built
CVS
Former Business
60
Parking Spaces
1031 Exchange Ready
Parcel ID
12845-045-000-00
Price
Inquire for Price
Frontage Street Name
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Frontage Length
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Lot Size
1.12 acres
Zoning
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Description
Nestled at the bustling crossroads of N Texas Blvd (US 281) and E 3rd Street, this former CVS commands prime positioning amid Alice’s busy retail thoroughfare. The site’s expansive layout offers ample parking and easy access, drawing from steady commuter flows linking Corpus Christi, Laredo, and San Antonio. Nearby powerhouses include H-E-B for grocery dominance, Walmart Supercenter for everyday essentials, and quick-service giants like McDonald’s and Chick-fil-A, creating a synergistic retail ecosystem ripe for success.
Investment Highlights
Signalized Corner Location
Prominent frontage and access on Amarillo Boulevard, one of the city’s most established commercial routes, ensuring consistent traffic counts.Freestanding Building
Approximately 9,907 square feet of space with an efficient open interior and adaptable design suitable for retail, medical, or service conversion.Balanced Site Coverage
1.12 acres of land with surface parking and a favorable land-to-building ratio, offering signage opportunities and smooth circulation.Investor-Ready Structure
Actively marketed on an unpriced basis, identified as 1031 exchange ready, allowing buyers to structure acquisitions with tax deferral strategies.Zoning & Corridor Alignment
Classified as commercial, aligned with neighboring retail and service uses, reinforcing the site’s versatility and long-term stability.
Features
Drive-Thru
Redevelopment Potential
1031 Exchange Ready
Demographics
1 Mile Radius – About 6,700 residents across 2,500 households, median household income in the low $40,000s, median age mid-30s.
3 Mile Radius – Roughly 61,000 residents across 23,000 households, median household income in the mid $40,000s to low $50,000s, median age mid-30s.
5 Mile Radius – Nearly 132,000 residents across 51,000 households, median household income in the mid $50,000s to low $60,000s, median age mid-30s.