Friona, TX
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    Friona, TX Hospitality Properties for Sale

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    Bovina, TX Muleshoe, TX Hereford, TX
    Historic Hotel in Friona, Texas
    $175,000
    5,152 SF
    Historic Hotel in Friona, Texas

    515 N Main Street, Friona, TX 79035

    Historic hotel in Friona, Texas, with income potential.
    • Historic hotel in Friona, Texas, offering a unique investment opportunity.
    • Significant income potential due to limited rental options in Friona.
    • Previously used as both short‑term and long‑term rental accommodations.
    • Constructed in 1920, possessing historical significance.
    • Stucco construction.
    Updated: Feb 25
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    Historic Hotel in Friona, Texas
    $175,000
    5,152 SF
    Historic Hotel in Friona, Texas

    515 N Main Street, Friona, TX 79035

    Historic hotel with income potential in Friona, Texas.
    • Significant income potential due to limited rental options in Friona, Texas.
    • Historic hotel property, one of the first in Friona.
    • Previously used for both short‑term and long‑term rental accommodations.
    • Presents a prime investment opportunity.
    • Guest facilities include 3 units.
    Updated: Aug 22, 2024
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Friona, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    12-Room Inn with Manager's Quarters
    $299,000
    1.58 Acres
    12-Room Inn with Manager's Quarters

    Well-maintained 12-room inn with office space, manager’s quarters, cellar, and ample parking on 1.58 acres.

    912 US 87, Tulia, TX 79088

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    12-Room Inn with Manager Quarters
    $299,000
    12-Room Inn with Manager Quarters

    Well-maintained inn with office, manager’s quarters, cellar, and parking, offering flexible lodging or conversion options.

    912 U.S. 87, Tulia, TX 79088

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    Amarillo Commercial Land For Sale
    $5,305,608
    20.00 Acres
    Amarillo Commercial Land For Sale

    20 acre commercial land suitable for retail, office, hotel.

    W IH 40, Amarillo, TX 79124

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    Amarillo Land For Sale
    $5,305,608
    20.00 Acres
    Amarillo Land For Sale

    20 acre land parcel suitable for retail, office, hotel.

    W IH 40, Amarillo, TX 79124

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Land Tract in Clovis
    $1,000,000
    8.82 Acres
    Prime Land Tract in Clovis

    8+ acre commercial land with high visibility and utilities.

    4300 Mabry Drive, Clovis, NM 88101

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    Tulia Commercial Land on I-27
    $360,000
    12.93 Acres
    Tulia Commercial Land on I-27

    12.93 acres of commercial land on I-27 in Tulia, TX.

    1539 Interstate 27/US Highway 87, Tulia, TX 79088

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    Prime Commercial Land Opportunity
    $1,300,000
    137,967 SF
    Prime Commercial Land Opportunity

    Ideal location for hotel, storage, warehouse, or commercial business.

    2908 Dimmitt Road, Plainview, TX 79072

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    Vacant Land for Multi-Family Development
    $275,000
    2.30 Acres
    Vacant Land for Multi-Family Development

    Vacant multi-family zoned parcel in Plainview, TX, suitable for duplexes and other housing formats.

    Mesa (@13th) Dr, Plainview, TX 79072

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    Friona, TX Hospitality Properties Market Trends and Statistics

    Explore 2 hospitality properties for sale in Friona, TX on our real estate platform. These investment opportunities span a total of 10,304 square feet of properties for sale, with an estimated market value of $350,000.

    Sale prices for hospitality properties in Friona, TX start at $175,000, averaging $175,000, and reaching up to $175,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 2

    Demographics Overview

    Population 5,356
    Population Growth (5Y) +3.5%
    Median Household Income $74,773
    College Educated 23.0%

    High-Yield Neighborhoods for Investment

    Identify Friona submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    79035 $175K

    Taxes & Financing

    Tax Rate (average for all types) 2.79%
    Property Tax per SF $22.32 per SF
    Tax Rate vs County Average 0.30 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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