Catylist ID:
#30545486
| Catylist Listing ID: | 30545486 |
| Property Subtypes: | Manufacturing, Warehouse/Distribution |
| Building Size (RSF): | 3,840 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $250,000 |
| Unit Price: | $65.10 PSF |
| Office SF: | 960 SF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 11.96% |
| Last Updated: | 9/28/2020 |
Overview / Comments
|
Free standing office/warehouse for sale in Brownfield, Texas. Property is leased to an oil and gas service provider. Current tenant lease expires August 31, 2021. Cap rate is 11.96%. Property has three 10' overhead doors and a small 3,500 SF stackyard, two bathrooms, two offices, and front counter with lobby. Remodeled in 2017. NOI - $29,900 - Income Producing Property Oil & Gas Service Related Tenant Building Remodeled in 2017 Small Fenced Stack Yard |
Attachments & Media
Additional Details
| Nearest MSA: | Lubbock |
| County: | Terry |
| Tax ID/APN: | 1-COR-032-001-000 |
| Site Description: | Located at the corner of E. Stewart Street and Lubbock Road in Brownfield, Texas. |
| Tenancy: | Single Tenant |
| Year Built: | 1957 |
| Year Renovated: | 2017 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 4,598 | 10,141 | 10,141 |
| Median Age: | 31.22 | 35.35 | 35.35 |
| Households: | 1,564 | 3,329 | 3,329 |
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