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Property profile & analytics
OFF-MARKET
Industrial properties

1509 Lynn Ave Lamesa, TX 79331

8,650 SF 0.5 ac lot Built 2018
Property ID
Property summary
AI-generated overview

This exceptional 8,650-square-foot metal building presents a significant opportunity in Lamesa, Texas. Situated on a half-acre lot at 1509 S Lynn Ave, this property boasts a versatile layout perfectly suited for a variety of industrial uses. The building comprises 1,150 square feet of climate-controlled office space featuring central air conditioning and modern LED lighting. The remaining 7,500 square feet is dedicated to a spacious shop area, ideal for automotive repair or similar businesses. This shop area includes five bays, each equipped with 16-foot overhead doors complete with openers, ensuring easy access for large vehicles and equipment. The shop also benefits from wall-mounted air conditioning units and skylights, providing ample natural light and ventilation. Both male and female restrooms are conveniently located within the building. The entire property features energy-efficient LED lighting throughout both the office and shop areas. A fully paved parking lot provides ample space for customer and employee parking. The high traffic location makes this property an excellent investment opportunity with significant potential for growth. The asking price is $750,000.

Property profile
Verified
Property type Industrial properties
Year built 2018
Total area 8,650 SF
Lot 0.5 ac (21,780 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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