Levelland Office Building

Office for Sale
Catylist Listing ID: 30272261
Property Subtypes: Governmental, Institutional, Other
Building Size (RSF): 4,523 SF
Gross Land Area: 71,840 SF
Sale Price: $950,000
Unit Price: $210.04 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/6/2021

Overview / Comments

This listing is for a former financial institution building in Levelland, TX. The building is located at the Northwest corner of US 385 and State 114.
The building has three private offices, a conference room, large reception area with teller access, coffee bar, two ADA compliant restrooms, large commercial kitchen attached to a community room with outside access. There is a drive through teller accessible from inside the building. There are two cash vaults and a safety deposit vault. The building has sufficient storage.
There is about a 1/2 acre undeveloped adjacent tract that could be used for additional parking.

Additional Details

Nearest MSA: Levelland
County: Hockley
Taxing Authority: Hockley County
Tax ID/APN: 19193
Property Visibility: Excellent
Highway Access: The property is at the corner of US 385 and State 114
Site Description: The building is located at the signalized corner or US 385(College Ave.) and State 114. The bank building sits on approximately one acre of land and there is an adjacent 1/2 acre included that could be used for additional parking or other use.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2012
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: The exterior of the building is brick with stone accents.
Parking Ratio: 9.5 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 38
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

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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


Photograph of Listing Agent

David Bloodworth

RE/MAX Lubbock Commercial West Texas CIE Member
Photograph of Listing Agent

Julie Childs

RE/MAX Lubbock Commercial West Texas CIE Member
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