1509 Lynn Ave Lamesa, TX 79331
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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