Your AI Navigator in Commercial Real Estate
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

    2813 W 8Th St Plainview, TX 79072

    Sponsored
    For Sale
    $89,500

    Commercial - Plainview, TX

    Property size:
    9,340 SF
    Lot size:
    0.75 Acres
    Days on Market:
    67
    Last Refresh:
    Jan 18 at 1:06 am

    Property Features for 2813 W 8Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    9,340 SF
    Lot size
    0.75 Acres

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Gas (Cooling)

    Building Details

    Building materials
    Brick, Brick Veneer
    Roof type
    Flat
    Architectural style
    Other

    We can help!

    Listing Contact
    Debbi Wilkins

    Roberts & Wilkins, Realtors (806) 293-4413 [email protected]

    Listing agent Debbi Wilkins (806) 292-0263

    Listing date Nov 13, 2025

    MLS# 25-1 Listing URL

    Copyright © 2026 Plainview 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

    Plainview Commercial Building For Sale

    Located in West Plainview, three blocks from Highway 70, this commercial building offers diverse potential uses. Previously a nursing home and later utilized by the Texas Head Start Program for preschool children, the property features a main building of approximately 8991 square feet and a separate 480-square-foot laundry and storage building. The layout includes three large rooms, a spacious kitchen, several smaller rooms, and multiple bathrooms. An outdoor area provides space for play or exercise. The property also has adequate parking. Situated on a 0.75-acre lot, the property is offered at a price that allows for potential upgrades and renovations. Note that the first 10 photos are from 2012 and 2014, while the remaining photos are recent. The property is currently vacant and would benefit from cleaning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nursing homes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Plainview
    County
    Hale
    State
    Texas
    Longitude
    -101.737769
    Latitude
    34.187403

    Nearby Similar for Sale

    • $379,000

      Plainview Texas Triplex Opportunity

      Two triplexes in Plainview's Westridge addition, tenant occupied.
      4307-4311 W 2Nd St, Plainview, TX 79072
      View Details
    • New
      $329,900
      3,504 SF

      Plainview, TX Four-Unit Multifamily Property

      Turnkey four-unit property in Plainview, TX with attractive seller financing.
      101 Pecos Pl, Plainview, TX 79072
      View Details
    • $152,500
      1,583 SF

      Plainview Commercial Building Near Hospital

      Commercial building suitable for medical or general office use.
      2620 Yonkers St, Plainview, TX 79072
      View Details
    • New
      $329,900
      3,504 SF

      Plainview, TX Four-Unit Multifamily Property

      Turnkey four-unit property in Plainview, TX with attractive seller financing.
      103 Pecos Pl, Plainview, TX 79072
      View Details
    • $165,500
      17,100 SF

      Plainview Commercial Property with Barns

      Commercial property featuring two barns, efficiency, office, and game room.
      710 E 6Th St, Plainview, TX 79072
      View Details
    • New
      $329,900
      3,504 SF

      Plainview, TX Four-Unit Multifamily Property

      Turnkey four-unit property in Plainview, TX with attractive seller financing.
      105 Pecos Pl, Plainview, TX 79072
      View Details
    • $550,000
      12,000 SF

      Versatile Commercial Building in Plainview

      6,000 SF commercial building with open floor plan.
      509 Broadway St, Plainview, TX 79072
      View Details
    • $150,000
      13,500 SF

      Plainview Commercial Building For Sale

      Commercial building in downtown Plainview, ready for customization.
      505 Broadway St, Plainview, TX 79072
      View Details
    • $545,000
      6,565 SF

      Plainview Apartment Building: 10 Units

      Ten-unit apartment building with high occupancy in Plainview, Texas.
      1205-1207 Raleigh St, Plainview, TX 79072
      View Details
    • $295,000
      3,757 SF

      KKYN Radio Station Property

      Radio station building and land near Walmart Distribution Center.
      3218 Quincy St, Plainview, TX 79072
      View Details
    • $1,260,000
      2,700 SF

      Mobile Home Park Investment Opportunity

      56-space mobile home park with upside potential in Plainview, TX.
      3301 Quincy Ave, Plainview, TX 79072
      View Details
    • $109,995
      3,000 SF

      Plainview Theater For Sale

      Commercial property operating as a theater in Plainview, Texas.
      1403 W 5Th St, Plainview, TX 79072
      View Details

    FAQs

    What type of property is this?
    Nursing home - Versatile commercial building in Plainview, TX, suitable for various uses.
    Where is this nursing home located?
    The property is located at 2813 W 8Th St Plainview, TX.
    What is the asking price?
    The asking price for this property is $89,500.
    What are key features of this property?
    This property features: - Large commercial building with approximately 8991 sq ft, suitable for various uses.; - Priced at 12.31 psf, offering an opportunity for renovation and upgrades.; - Includes a separate laundry and storage building (approx. 480 sq ft) and adequate parking.
    (806) 292-0263
    Request Owner's contact information
    2813 W 8Th St Plainview, TX 79072
    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.
    2813 W 8Th St
    Plainview, TX 79072
    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
    2813 W 8Th St Plainview, TX 79072
    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
    Debbi Wilkins
    (806) 292-0263
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.