102 N. College Ave.

Office for Sale
Catylist Listing ID: 30772974
Property Subtypes: Office Building
Building Size (RSF): 4,523 SF
Gross Land Area: 71,840 SF
Sale Price: $850,000
Unit Price: $187.93 PSF
Ceiling: 12 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Usable Size (USF): 4,523 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/11/2021

Overview / Comments

Beautifully Designed and Quality Construction describe this former bank building located at the intersection of US Hwy 385/College Ave. and St Hwy 114 in Levelland. A high visibility corner location with 1.487 acres and a daily traffic count of apprx. 15,000. The current building layout offers 5 private offices, open work space, 2 ADA restrooms, full kitchen and large conference/community room. There are apprx. 12,000 sq. ft. of asphalt parking and a canopy for a 3 lane drive-thru. The current improvements cover apprx. 1 acre leaving an addition 1/2 acre to the west for additional development. The appealing exterior facade creates great attention as it welcomes visitors to Levelland's main thoroughfare. Recent development in the area includes Best Western Hotel, Bush's Chicken, Ag Texas Financial, Pizza Hut, Braum's and Grime Scene Carwash.

Additional Details

Nearest MSA: Levelland
County: Hockley
Taxing Authority: Hockley CAD
Tax ID/APN: 19193
Zoning: COMMERCIAL
Property Located Between: South of Best Western Hotel & West of Stripe's Convenience Store
Property Visibility: Excellent
Highway Access: NW corner of intersection of US Hwy 385 and St Hwy 114
Airports: Levelland Municipal Airport
Site Description: 1.487 acre corner lot, lays level, apprx. 1/2 acre undeveloped
Area Description: Located on north end of Levelland's main thoroughfare and 4 blocks west of Wal-Mart and its surrounding retail and restaurants.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,523 SF
Year Built: 2012
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Adjoining asphalt parking lot
Total Parking Spaces: 40
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Fiber Optic
Interior Description: Very stylish and detailed interior finish. Crown moldings, built-ins, granite countertops plus tile and carpet flooring. Community room has a fireplace and service counter to the kitchen.
Zoning Description: B-2 General Business District
Lot Frontage: 220' eastside frontage on US Hwy 385/College Ave; 267' southside frontage on St Hwy 114; 307' northside frontage on Rush St
Lot Depth: 220' north to south
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lots 1 thru 7, Jethro Rush Subdivision and 0.603 acres out of SE/part of Labor 3, League 28, Hood County School Land

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,545 14,080 16,072
Median Age: 27.66 32.64 33.64
Households: 887 5,021 5,771

Contact

Photograph of Listing Agent

Todd Paxton

Paxton Real Estate West Texas CIE Member
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