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    702 Matador Hwy Floydada, TX 79235

    For Sale
    $215,000

    Spacious office building on 2.8 acres. Excellent investment opportunity.

    Property size:
    7,840 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 7,840 square foot office building, located at 702 Matador Highway in Floydada, Texas, presents a compelling investment opportunity. The property sits on a substantial 2.8-acre lot, providing ample space and parking. A large asphalt parking lot is readily available for employees and visitors. The building's history includes previous use as a USDA facility, suggesting a robust and well-constructed structure. The interior features multiple offices and work areas, offering flexibility for a variety of business needs. The layout is well-suited for a range of configurations, allowing for customization to meet specific operational requirements. Adding to the property's value is an included 2.2-acre parcel of land (R04007) located directly south of the main building, expanding the total acreage to 5 acres. This additional land offers significant potential for future expansion or development. The asking price for this substantial property is $215,000. The seller is open to considering lease options, providing flexibility for potential buyers or tenants. This presents a rare opportunity to acquire a well-located, spacious office building in Floydada, Texas, at an attractive price point.

    Property Features for 702 Matador Hwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,840 SF
    Lot Size
    121,968 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Floydada
    County
    Floyd
    State
    Texas
    Longitude
    -101.3249
    Latitude
    33.97794

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    Nearby Similar for Sale

    • $205,000
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      Former USDA Building in Floydada

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      702 Matador Hwy, Floydada, TX 79235
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      1,472 SF

      Floydada Dental Office For Sale

      Well-maintained dental office building in Floydada, Texas, suitable for various uses.
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    FAQs

    What type of property is this?
    Office Property Space - Spacious office building on 2.8 acres. Excellent investment opportunity.
    Where is this office property space located?
    The property is located at 702 Matador Hwy Floydada, TX.
    What is the asking price?
    The asking price for this property is $215,000.
    (806) 799-4200
    Request Owner's contact information
    702 Matador Hwy Floydada, TX 79235
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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
    702 Matador Hwy Floydada, TX 79235
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