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    1501 Interstate 27 Plainview, TX 79072

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    For Sale
    $308,405

    Commercial land with high visibility near Walmart and university.

    Lot size:
    0.59 Acres

    Property Features for 1501 Interstate 27

    General Information

    Lot size
    0.59 Acres

    Source: SRS Real Estate Partners - Corporate Agent Ryan Johnson

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

    Overview

    Land Near Interstate 27

    This commercial land benefits from excellent visibility from Interstate 27. The property is anchored by a Walmart Supercenter and is located in close proximity to Wayland Baptist University.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    Plainview
    County
    Hale
    State
    Texas
    Longitude
    -101.753224
    Latitude
    34.196189

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    FAQs

    What type of property is this?
    Land - Commercial land with high visibility near Walmart and university.
    Where is this land located?
    The property is located at 1501 Interstate 27 Plainview, TX.
    What is the asking price?
    The asking price for this property is $308,405.
    What are key features of this property?
    This property features: - Anchored by Walmart Supercenter; - Excellent visibility from Interstate 27; - Located in close proximity to Wayland Baptist University
    (214) 560-3285
    Request Owner's contact information
    1501 Interstate 27 Plainview, TX 79072
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    Plainview, TX 79072
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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
    1501 Interstate 27 Plainview, TX 79072
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