1164 FM 211 - Warehouse FOR SALE


New Home, TX 79381
$999,950 USD
806-239-0804
1164 FM 211, New Home, TX for Sale
$999,950 USD
Warehouse - FOR SALE
1/9
null | Request Cap Rate

NEW


1164 FM 211
New Home, TX 79381


HIGHLIGHTS

  • Multiple Venue Sources / C-Store
  • Storage Units / Office Rentals
  • At New Deal, near Wilson and South of Lubbock, TX.
  • Zoning: Outside of City Limits

OVERVIEW

This commercial property in New Home (Wilson address) consists of 1.4 AC with 10,500 SF of improved multi-buildings and 2,400 covered area, offering a versatile mix of owner-occupied, income-producing, and storage uses. It includes 5,000 SF of Storage Units, an owner-operated convenience store, comprising approximately 1,500 SF, supported by an above-ground fuel tank dispensing 87-octane gasoline, with an annual income of about $80,000. Serviced by Kendrick Oil, but not branded. POS for fuel is Ruby IIand Retail/Food is Hunger Rush. The property features a 2,400 SF leased space occupied by Lynn County Hospital and 900 SF occupied by Four County Special Ed. 5,000 SF of storage units and 700 SF of office to be leased for three years by current owner at closing. This property provides stable institutional tenancy, along with approximately 1,600 SF of office space. Additional improvements include 5,000 SF of storage, plus 2,400 SF of heated and cooled storage space located at the rear of the C-Store. This property offers flexibility for continued operation, expansion, or repositioning. Owner will finance with $400,000 down.

FOR SALE DETAILS

PRICE

$999,950 USD

PRICE/SF

$49 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Well Pump Service & Farming Supply Business

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Service Station, Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2

LAND SF

87,120

ZONING

Outside City Limits

APN/PARCEL ID

15160

ASK ABOUT THIS PROPERTY

David PowellKW LubbockMore Info
806-239-0804

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David PowellKW LubbockMore Info
806-239-0804

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.