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    515 N 25 Mile Ave Hereford, TX 79045

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    For Sale
    $2,150,000

    50,835 SF retail building with high visibility and occupancy.

    Property size:
    48,835 SF
    Lot size:
    4.26 Acres

    Property Features for 515 N 25 Mile Ave

    General Information

    Size
    48,835 SF
    Lot size
    4.26 Acres

    Source: Llano Real Estate Group Agent Josh Langham

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building in Hereford Area

    This 50,835 square-foot retail building contains 11 units and is zoned for retail use. The property is located in a prime location in the Hereford area and has a 75% occupancy rate with a diverse tenant mix and strong rental history. Ample parking is available for customers. The property benefits from high visibility from the main road and proximity to major retailers, offering potential for increased foot traffic.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    North Gate Plaza Shopping Center, Coin Cloud Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Hereford
    County
    Deaf Smith
    State
    Texas
    Longitude
    -102.406137
    Latitude
    34.816466

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    FAQs

    What type of property is this?
    Shopping center - 50,835 SF retail building with high visibility and occupancy.
    Where is this shopping center located?
    The property is located at 515 N 25 Mile Ave Hereford, TX.
    What is the asking price?
    The asking price for this property is $2,150,000.
    What are key features of this property?
    This property features: - Prime location in Hereford area; - **50,835 SF building with 11 units**; - Zoned for Retail use
    (806) 236-3736
    Request Owner's contact information
    515 N 25 Mile Ave Hereford, TX 79045
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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
    515 N 25 Mile Ave Hereford, TX 79045
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