Add Listing
    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

    205 S 6Th St Brownfield, TX 79316

    View on Map
    Sponsored
    For Sale
    $250,000

    COMMERCIAL - Brownfield, TX

    Property size:
    5,000 SF
    Lot size:
    0.16 Acres
    Days on Market:
    4
    Last Refresh:
    Mar 22 at 11:06 am

    Property Features for 205 S 6Th St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    43378
    Size
    5,000 SF
    Lot size
    0.16 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Ceiling Fan(s), Electric
    Water source
    Public

    Building Details

    Year built
    1940
    Flooring type
    Concrete, Carpet, Tile
    Building materials
    Brick, Brick Veneer, Stone
    Roof type
    Membrane

    We can help!

    Listing Contact
    Andy Gerron

    Exit Realty of Lubbock

    Listing agent Andy Gerron License #0535278

    Listing date Mar 19, 2026

    MLS# 202603387

    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

    Downtown Brownfield Event Center

    Located near the Brownfield Square, this downtown event center, known as The Colonnade, is suitable for various occasions, including baby and wedding showers, community events, church gatherings, parties, non-profit fundraisers, school and sports banquets, and business events. The property includes apartment living quarters, an office, and a kitchen. With a property size of 5000 square feet and a lot size of 0.16 acres, this venue is located approximately 30-40 minutes from Lubbock. The property is located at 205 S 6th Street, Brownfield, TX 79316.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Colonnade Child Welfare Organization

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon 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
    -102.281596
    Latitude
    33.177745

    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
      $125,000
      5,258 SF

      Brownfield Commercial Building with Basement

      Corner commercial building with offices, basement, and ample storage.
      402 W Main St, Brownfield, TX 79316
      View Details
    • $150,000
      11,460 SF

      Unique Commercial Building in Brownfield

      Spacious Masonic Lodge with multiple offices, kitchen, and group rooms.
      123 W Main St, Brownfield, TX 79316
      View Details
    • $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
    • $75,500
      4,884 SF

      Turnkey Church with Conversion Potential

      4884 sq ft church in Brownfield, TX, with conversion potential.
      1120 W Powell 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
    • $480,000

      Renovated Industrial Building in Brownfield

      Well-maintained industrial facility renovated in 2014, ideal for various operations.
      802 Seagraves Rd, Brownfield, TX 79316
      View Details
    • $1,400,000
      280.00 Acres

      West Texas Dairy Farm Opportunity

      280-acre dairy farm with potential for reinvestment or redevelopment.
      Cal Star Dairy, 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
    • $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
    • Contact for pricing

      Retail Building in Brownfield, TX

      Retail building with FF&E for sale in Brownfield, TX.
      1004 Lubbock Rd, Brownfield, TX 79316
      View Details
    • $90,000

      Retail Property with Drive-Thru

      Retail property with drive-thru and tenant in place.
      1214 Tahoka Rd, Brownfield, TX 79316
      View Details

    FAQs

    What type of property is this?
    Wedding venue - Charming event center with apartment near Brownfield Square.
    Where is this wedding venue located?
    The property is located at 205 S 6Th St Brownfield, TX.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Established event center in a town with limited venues.; - Income-producing property with diverse event hosting capabilities.; - Includes apartment living quarters, office, and kitchen.
    (806) 241-2093
    Request Owner's contact information
    205 S 6Th 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.
    205 S 6Th 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
    205 S 6Th 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
    Andy Gerron
    Real Estate License ID: 0535278
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!