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    305 1St St Brownfield, TX 79316

    For Sale
    $60,000

    Large Shop/Storage Space - Hwy Frontage

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial property, situated at 305 S 1st Street in Brownfield, Texas, presents a significant investment opportunity. Spanning a generous 3800 square feet, the building sits on a 0.16-acre lot with convenient highway frontage on Lubbock Highway. Its previous use as a car dealership speaks to its robust construction and ample space. Currently utilized for storage, the building offers immense potential for a variety of businesses. The layout includes two large garage doors, one at the front and one at the rear, providing easy access for loading and unloading. This feature makes it ideally suited for businesses requiring significant vehicle access, such as a repair shop, mechanic's garage, or similar enterprises. The substantial square footage allows for ample workspace and storage, catering to a range of operational needs. The property's prime location on a busy highway ensures high visibility and accessibility, attracting potential customers and clients. With its strategic location and versatile design, this property is poised for immediate occupancy and offers a strong return on investment. The asking price is $60,000. Don't miss this chance to acquire a well-positioned commercial space with significant upside.

    Property Features for 305 1St St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    6,970 SF
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brownfield
    County
    Terry
    State
    Texas
    Longitude
    -102.2753
    Latitude
    33.17688

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    FAQs

    What type of property is this?
    Commercial real estate - Large Shop/Storage Space - Hwy Frontage
    Where is this commercial real estate located?
    The property is located at 305 1St St Brownfield, TX.
    What is the asking price?
    The asking price for this property is $60,000.
    (806) 241-1368
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    305 1St St Brownfield, TX 79316
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    Brownfield, TX 79316
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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
    305 1St St Brownfield, TX 79316
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