U.S. 87 Hwy Frontage Commercial Shop/Office
Retail-Commercial
for Sale
| Catylist Listing ID: |
30786938 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Restaurant, Vehicle Related
|
| Building Size (RSF): |
5,078 SF
|
| Gross Land Area: |
30,425 SF
|
| Sale Price: |
$85,000 |
| Unit Price: |
$16.74 PSF |
| Property Use Type: |
Investment, Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/3/2022 |
Overview / Comments
What an opportunity, this property is highway frontage located directly across from the airport on U.S 87 in Plainview. In the south building there is a tenant of over 30 years paying only $400 per month on a month to month bases. The north building is unoccupied and would make a phenomenal office location, automotive shop, U-Haul stop, convenient store, you name it. It's rare that opportunities like this arise. Owner is making some improvements, there has been new mini splits installed in the north building. The seller is motivated and ready to negotiate so send us an offer!
|
Additional Details
| Nearest MSA: |
Plainview |
| County: |
Hale |
| Tax ID/APN: |
22325 |
| Zoning: |
COMMERCIAL |
| Retail Clientele: |
General |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
U.S 87 |
| Feet of Frontage: |
250 |
| Highway Access: |
In front |
| Airports: |
Across the street |
| Site Description: |
The house on the north east corner is not a part of this tract. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Property Condition: |
Average |
| Legal Description: |
Licensed electrician to repair spliced wires & junction boxes in attic.
|
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,407 |
21,158 |
28,382 |
| Median Age: |
30.69 |
31.96 |
31.79 |
| Households: |
1,152 |
7,272 |
9,035 |
|
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