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    Pampa, TX 79065

    For Sale
    $290,000

    Versatile 3-Story Building, 2.18 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 3-story commercial property in Pampa, Texas, presents a remarkable investment opportunity. Situated on a spacious 2.18-acre lot, the building boasts an impressive array of spaces, previously utilized as a church. The main level features multiple classrooms, offices, restrooms, a large sanctuary with a baptistry, and a sizable fellowship hall complete with a full kitchen. The lower level offers twelve additional classrooms, an office, and a central gathering area. The upper level is divided into two sections

    Property Features for

    General Information

    Property type
    Other commercial real estate
    Lot Size
    94,961 SF

    Building Details

    Year Built
    1955
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pampa
    County
    Gray
    State
    Texas
    Longitude
    -100.9611
    Latitude
    35.53534

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 3-Story Building, 2.18 Acres
    Where is this commercial real estate located?
    The property is located at Pampa, TX.
    What is the asking price?
    The asking price for this property is $290,000.
    (806) 662-1312
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    Pampa, TX 79065
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    Realmo Value Estimation

    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.

    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.

    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
    Pampa, TX 79065
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