Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1120 W Powell St Brownfield, TX 79316

    Sponsored
    For Sale
    $75,500

    COMMERCIAL - Brownfield, TX

    Property size:
    4,884 SF
    Lot size:
    0.19 Acres
    Days on Market:
    97
    Last Refresh:
    Feb 24 at 7:06 pm

    Property Features for 1120 W Powell St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    17990
    Size
    4,884 SF
    Lot size
    0.19 Acres

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Flooring type
    Tile, Linoleum, Carpet
    Roof type
    Metal

    We can help!

    Listing Contact
    Haylee Potter

    Red Dirt Realty & Land (806) 891-2252

    Listing agent Haylee Potter (806) 891-2252 License #0662124

    Listing date Nov 20, 2025

    MLS# 202555053

    Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Turnkey Church with Conversion Potential

    This commercial property in Brownfield, TX, offers approximately 4884 square feet of space with multiple possibilities. Currently operating as a turnkey church, the property includes a large sanctuary, multiple rooms, a kitchen, a dining room, and bathrooms. Situated on a 0.19-acre lot, this property could be converted to suit various venue concepts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brownfield
    County
    Terry
    State
    Texas
    Longitude
    -102.288411
    Latitude
    33.180915

    Nearby Similar for Sale

    • $565,000
      3,200 SF

      Brownfield Commercial Property on 1.27 Acres

      High-visibility commercial property with ample storage and secure outdoor space.
      1106 Seagraves Rd, Brownfield, TX 79316
      View Details
    • New
      $150,000
      3,660 SF

      Brownfield Shop Building on Acreage

      Spacious shop building on over one acre of land.
      1638 Old Seagraves Rd, Brownfield, TX 79316
      View Details
    • $125,000
      0.17 Acres

      Brownfield, TX Duplex For Sale

      Duplex in Brownfield, TX, each unit is 2 bedroom, 1 bath.
      1004 N Ballard St, Brownfield, TX 79316
      View Details
    • $150,000
      11,460 SF

      Unique Building in Brownfield, TX

      Spacious commercial building with multiple office areas and group rooms.
      123 W Main St, Brownfield, TX 79316
      View Details
    • $140,000
      5.00 Acres

      5-Acre Ranch Ready Land

      5 acres near Brownfield, TX with utilities and barn.
      1014 Old Lamesa Rd, Brownfield, TX 79316
      View Details
    • $1,950,000
      637.00 Acres

      637 Acres Ranch in Brownfield, TX

      637 acres of ranch land for sale in Terry County.
      County Road 305, Brownfield, TX 79316
      View Details
    • New
      $132,000
      3,606 SF

      Agricultural Land with Warehouse

      29.68 acres with a 3606 sf warehouse in Brownfield, TX.
      701 E Oak St, Brownfield, TX 79316
      View Details
    • $480,000
      2,805 SF

      Renovated Industrial Facility For Sale

      2,805 SF industrial building renovated in 2014, ideal for manufacturing.
      802 Seagraves Rd, Brownfield, TX 79316
      View Details
    • $150,000
      1.23 Acres

      Brownfield Retail Property w/Rail Spur

      Prime Retail Lot, Two Buildings, Rail Access
      1501 Hwy, Brownfield, TX 79316
      View Details
    • $60,000
      0.16 Acres

      Brownfield Commercial Building - Huge Potential

      Large Shop/Storage Space - Hwy Frontage
      305 1St St, Brownfield, TX 79316
      View Details
    • $179,000
      4,500 SF

      Brownfield Manufacturing Facility

      Texas Industrial Property - $179,000
      1501 Levelland Hwy, Brownfield, TX 79316
      View Details
    • $180,000
      5,730 SF

      Historic Brownfield Building For Sale

      Spacious building, prime location, multiple uses.
      123 Main St, Brownfield, TX 79316
      View Details

    FAQs

    What type of property is this?
    Church & religious facility - 4884 sq ft church in Brownfield, TX, with conversion potential.
    Where is this church & religious facility located?
    The property is located at 1120 W Powell St Brownfield, TX.
    What is the asking price?
    The asking price for this property is $75,500.
    What are key features of this property?
    This property features: - Almost 5000 sq ft of versatile space.; - Turnkey church, ready for immediate use.; - Potential for conversion to various venues.
    (806) 891-2252
    Request Owner's contact information
    1120 W Powell St Brownfield, TX 79316
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1120 W Powell St
    Brownfield, TX 79316
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1120 W Powell St Brownfield, TX 79316
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Haylee Potter
    Real Estate License ID: 0662124
    (806) 891-2252 (806) 897-0300
    Learn more
    Google sign-in failed. Please try again or use another login method.