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Office Building with Multiple Offices
For Sale
$475,000

321 W 3rd Street, Hereford, TX 79045

Commercial Sale, Hereford, TX

Property Size8,400 SF
Price / SF$56.55
Days on Market73

Property Features for 321 W 3rd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 6000 - All areas in the 6000's
Directions From Highway 60 turn North on Lee St. west on 3rd St.
Subdivision 6020 - Hereford
Standard status Active
APN Estate of Mary Wanda Smith

Taxes and HOA fees

Tax Description Hereford, Block 39, Lot 18-24
Legal Description Hereford, Block 39, Lot 18-24

Utilities

Cooling system Central Air, Electric

Building Details

Year built 1950
Building materials Brick Veneer
Listing Agency: Lyons Realty
Listed By: Mary Watley
Added: Jul 18 Changed: Sep 12 Last Checked: Sep 28 at 5:06AM
MLS# 26-5773

Copyright © 2026 Amarillo 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.

Investment Insights

Based on property information with market context.

This 8,400-square-foot office building contains multiple office areas within a brick veneer structure. Built in 1950, the property is served by electric central air conditioning and has a newer roof. Parking is positioned along both the front and rear of the building.

A beauty shop remains open in the west end of the building, adding an existing commercial use within the property. The asset is located at 321 W 3rd Street in Hereford, Texas.

Key Highlights

  • 8,400‑square‑foot office building
  • Multiple office areas within the building
  • Parking at the front and rear

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Pharmacy Parking Lot & Garage Kitchen & Bath Showroom Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

615
Businesses Nearby

Demographics for 79045, TX

18,621
Population
7,026
Households
2.7
Avg Household Size
33
Median Age
11%
College-Educated
70%
High-School Grad
1,130.7 sq mi
ZIP Area
16
Density / Sq Mi
$54,207
Median Household Income
$37,342
Median Earnings
$921
Median Rent
$111,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Brick veneer construction with parking available at both the front and rear of the building.
Where is this office building located?
The property is located at 321 W 3rd Street Hereford, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 8,400‑square‑foot office building; Multiple office areas within the building; Parking at the front and rear
More about this property
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