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Renovated Retail/Office Space Available
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Pending

407 Lamesa Hwy N, Stanton, TX 79782

Recently renovated retail/office space with leasing potential in Stanton.

Property Size2,232 SF
Days on Market711

Property Features for 407 Lamesa Hwy N

General Information

Standard status Pending
Size 2,232 SF
Property subtype Office, Retail
Zoning Other-See Remarks
Occupancy 75%
Lease Type Gross

Building Details

Year Built 1983
Year Renovated 2020
Stories 1
Units 3
Tenancy Multi
Listing Agency: Keller Williams Realty Midland
Listed By: Megan Everett · License #TX 735540
Source: Crexi
Added: Sep 19, 2024 Changed: Aug 23 Last Checked: Aug 29 at 5:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Midland

Investment Insights

Based on property information with market context.

Located on N Lamesa Rd in Stanton, across from a grocery store, this recently renovated retail/office space offers a promising investment opportunity. The property consists of 2232 square feet divided into 3 units, with 2 units currently rented. Each unit is equipped with individual electric meters, HVAC systems, and restrooms. An exterior storage unit is available for use by any of the units and is currently vacant. This property presents a great deal with tons of potential.

Key Highlights

  • Two out of three units are currently rented, providing immediate income.
  • Recently renovated retail/office space.
  • Individual electric meters for each unit.

Property Analytics

Current Use

Blazing smoke shop (Bike/Boat/Book/etc) Store Christon Cabinet Shop General Contractor

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 79782, TX

4,641
Population
1,822
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
82%
High-School Grad
377.1 sq mi
ZIP Area
12
Density / Sq Mi
$90,484
Median Household Income
$57,401
Median Earnings
$1,232
Median Rent
$162,800
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Recently renovated retail/office space with leasing potential in Stanton.
Where is this retail space located?
The property is located at 407 Lamesa Hwy N Stanton, TX.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two out of three units are currently rented, providing immediate income.; Recently renovated retail/office space.; Individual electric meters for each unit.
(888) 519-7431 Call to check price and availability
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