Antelope Tire and Supply

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30702835
Property Subtypes: Vehicle Related
Status: Pending/Contingent
Building Size (RSF): 1,600 SF
Gross Building Area: See Agent
Sale Price: $975,000
Unit Price: $609.38 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/4/2021

Overview / Comments

Great Business Opportunity in Morton, Texas. Owner started this business from the ground up and has large customer base primarily consisting of Agribusiness customers tied to the local agricultural and oil and gas economy. Business is a full service tire shop that handles a full range of tires including large equipment tires to passenger rated tires in Cochran County and also services portions of Hockley, Bailey, Yoakum and the Eastern New Mexico County of Roosevelt.
Main Building sits on corner lot and is 40'X40' ICM Steel Building w/Spray foam insulation on concrete slab equipped with two roll-up doors. West Door is 14' H X 14' W and North Door is 12'H X 14' W
Under Roof:
40'X20' Loft for inventory storage
12'X14' Office
14'X14' Breakroom
On Premises is also another building that is used for used tire storage

Outside All Steel 50'X60' Awning

Location is well equipped with:
3 Ranger Tire Machines
1 Balancer
2008 Ext. Cab Chevy 3/4 ton Service Truck w/ almost new Champion 30 gallon compressor
2 Tire Spreaders
2 Commercial Ingersoll Rand Shop Air Compressors (one inside, one outside)
Bobcat 250 Miller Welder on skid bed w/ toolbox, cutting torch
1 2018 Flatbed Trailer
All Office Furnishings
Break Room Table and Furnishings
Drink Refrigerator
Tire and Wheel Inventory (usually between $40,000 - $50,000)
6- 1/2" Impact Wrenches
2- 3/4" Impact Wrenches
4- 1" Impact Wrenches
Good Stock of Tractor, Truck, and Trailer Wheels
3 Bead Breakers
2018 Kubota Tractor w/pallet forks and 5' shredder

Owner is Dealer of: Michelin Ag, Toyo, Cooper
Access to all major brands through distributor relationships
Established Clients primarily Ag Related
Remote location lends to captive market potential
Decent proximity to Oil & Gas production for additional clientele development
Well maintained, functional facilities on US Hwy 214 (N. Main Street)
Additional adjacent half full block of State Hwy Frontage
Covered Additional Service Area

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Cochran
Tax ID/APN: 10331
Retail Clientele: Business
Property Visibility: Good
Tenancy: Single Tenant
Number of Stories: 1
Typical SF / Floor: 1,600 SF
Property Condition: Good
Year Built: 2014
Construction/Siding: Metal Siding
Parking Type: Surface
Heat Type: Natural Gas, Space Heaters
Legal Description: 17-20 121 MORTON (ANTELOPE TIRE # 2) 0.334 ACRES 1-4 121 MORTON 0.334 ACRES

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,444 2,092 2,092
Median Age: 35.89 34.1 34.1
Households: 512 744 744


Photograph of Listing Agent

Monty Edwards

M. Edwards, REALTORS West Texas CIE Member
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