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

    5 S Industrial Highway Perryton, TX 79070

    View on Map
    Claim this Listing
    Pending
    $669,500

    COMMERCIAL - Perryton, TX

    Lot size:
    3.07 Acres
    Added:
    Mar 14, 2026
    Days on Market:
    28
    Last Refresh:
    Apr 10 at 6:06 pm

    Property Features for 5 S Industrial Highway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    APN
    Ren Hensley
    Lot size
    3.07 Acres

    Taxes and HOA fees

    Tax Description
    Lots 5-8, Block 5, Industrial #5 & Lots 8-10, Block 2, Industrial #6, Ochiltree County

    Utilities

    Cooling system
    Electric, Central Air

    Building Details

    Building materials
    Metal Fab
    Roof type
    Metal

    We can help!

    Listing Contact
    Bryce Hale

    Listing agent Bryce Hale

    Listing office Perryton Realty 2017 SW 21st, Perryton, TX

    Listing date Mar 14, 2026

    MLS# 26-2186

    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.

    Overview

    Perryton Commercial Opportunity on Acres

    This commercial property in Perryton, TX, presents an exceptional opportunity on 3.069 acres. It features multiple buildings suitable for diverse business operations. The main building includes several private offices, with one standout office featuring a coffered ceiling, stone accent wall, and electric fireplace. The office space offers abundant cabinetry, storage, and a private half bath. Living quarters are incorporated, including a bedroom, 3/4 bath, and a full kitchen equipped with stainless appliances. An attached shop provides two overhead doors, washer/dryer hookups, a sink, and an additional garage bay. A second office building offers additional offices, a conference/break room, and a half bath. This building connects to a large shop equipped with multiple overhead doors, a 3-ton overhead crane system, and two wash bays with steam cleaners. The property is located in Perryton, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Perryton
    County
    Ochiltree
    State
    Texas
    Longitude
    -100.791161
    Latitude
    36.400103

    Nearby Similar for Sale

    • $300,000
      9,100 SF

      Perryton Commercial Building on Main

      Spacious commercial building near United Supermarket with high visibility.
      2810 S Main Street, Perryton, TX 79070
      View Details
    • $280,000
      2,328 SF

      Turnkey Commercial Opportunity in Perryton

      Ready for immediate occupancy with open layout and ample parking.
      402 E Brillhart Avenue, Perryton, TX 79070
      View Details
    • $650,000

      Commercial Property Near Main Street

      Spacious commercial property with tenant, near Main Street, Perryton, TX.
      913 S Ash Street, Perryton, TX 79070
      View Details
    • $400,000
      30,000 SF

      Large Commercial Shop with Yard

      Spacious commercial shop with fenced yard in Perryton, TX.
      608 S Juniper Street, Perryton, TX 79070
      View Details
    • $372,000

      Commercial Property in Perryton, TX

      Commercial property for sale in Perryton, Texas, 79070.
      Perryton, TX 79070
      View Details
    • Contact for pricing
      71,532 SF

      Perryton Multifamily Portfolio Opportunity

      Four-property multifamily portfolio in Perryton, Texas, with convenient access.
      2201 Sw 15th Avenue, Perryton, TX 79070
      View Details

    FAQs

    What type of property is this?
    Flex space - Versatile commercial property with multiple buildings on 3.069 acres.
    Where is this flex space located?
    The property is located at 5 S Industrial Highway Perryton, TX.
    What is the asking price?
    The asking price for this property is $669,500.
    What are key features of this property?
    This property features: 3.069‑acre commercial property with multiple buildings.; Standout private office with coffered ceiling, stone accent wall, and electric fireplace.; Large shop features a 3‑ton overhead crane system and two wash bays with steam cleaners.
    (806) 640-8168
    We can help!
    Listing Contact
    Bryce Hale
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!