Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    802 Seagraves Rd Brownfield, TX 79316

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $480,000

    Well-maintained industrial facility renovated in 2014, ideal for various operations.

    Building Details

    Year built
    1991

    We can help!

    Listing Contact
    Elbert Wuthrich
    Elbert Wuthrich
    Source: Tcnworldwide

    Listing Agency: WestMark Commercial | TCN Worldwide Listing Agent: Elbert Wuthrich

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

    Learn more

    Overview

    Renovated Industrial Building in Brownfield

    Located at 802 Seagraves Rd, Brownfield, TX, this property presents an exceptional opportunity for industrial and manufacturing investment. The property features a 2,805 square foot building, meticulously renovated in 2014. Constructed in 1991, this well-maintained facility offers a versatile space suitable for industrial operations. Zoned F1 State Code, the property is situated in a prime location within the Shop Office Warehouse area. The location is conveniently situated near notable points of interest such as the Brownfield Industrial Park and the communities of Seminole, Dawson, and Lamesa. The property is surrounded by a thriving community with a strong commercial presence and easy access to essential amenities and significant business activity. It is ideal for Truck/Auto Repair, industrial and manufacturing operations. The property includes ample space for equipment and operations, convenient access for logistics and transportation, and is ideal for expansion and growth opportunities. The property also features 2 RV parking hookups with septic dump, electricity, and water available and 1.0 plus or minus acres for additional parking or development.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Building Supply Auto Repair Shop Big Box & Wholesale Store Department Store Kitchen & Bath Showroom Food Market Storage Facility Grocery & Convenience Store Discount Store Garden Center

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

    Similar Places Nearby

    A-Joker Towing

    Location Insight

    • Map
    • Local Demand
    City
    Brownfield
    County
    Terry
    State
    Texas
    Longitude
    -102.291322
    Latitude
    33.161035

    Nearby Similar for Sale

    • $565,000
      3,200 SF

      Brownfield Commercial Property on 1.27 Acres

      High-visibility commercial property with ample storage and secure outdoor space.
      1106 Seagraves Rd, Brownfield, TX 79316
      View Details
    • New
      $150,000
      11,460 SF

      Unique Commercial Building in Brownfield

      Spacious Masonic Lodge with multiple offices, kitchen, and group rooms.
      123 W Main St, Brownfield, TX 79316
      View Details
    • $150,000
      3,660 SF

      Brownfield Shop Building on Acreage

      Spacious shop building on over one acre of land.
      1638 Old Seagraves Rd, Brownfield, TX 79316
      View Details
    • $140,000
      5.00 Acres

      5-Acre Ranch Ready Land

      5 acres near Brownfield, TX with utilities and barn.
      1014 Old Lamesa Rd, Brownfield, TX 79316
      View Details
    • $75,500
      4,884 SF

      Turnkey Church with Conversion Potential

      4884 sq ft church in Brownfield, TX, with conversion potential.
      1120 W Powell St, Brownfield, TX 79316
      View Details
    • $1,950,000
      637.00 Acres

      637 Acres Ranch in Brownfield, TX

      637 acres of ranch land for sale in Terry County.
      County Road 305, Brownfield, TX 79316
      View Details
    • $132,000
      3,606 SF

      Agricultural Land with Warehouse

      29.68 acres with a 3606 sf warehouse in Brownfield, TX.
      701 E Oak St, Brownfield, TX 79316
      View Details
    • $125,000
      0.17 Acres

      Brownfield, TX Duplex For Sale

      Duplex in Brownfield, TX, each unit is 2 bedroom, 1 bath.
      1004 N Ballard St, Brownfield, TX 79316
      View Details
    • $480,000
      2,805 SF

      Renovated Industrial Facility For Sale

      2,805 SF industrial building renovated in 2014, ideal for manufacturing.
      802 Seagraves Rd, Brownfield, TX 79316
      View Details
    • Contact for pricing

      Retail Building in Brownfield, TX

      Retail building with FF&E for sale in Brownfield, TX.
      1004 Lubbock Rd, Brownfield, TX 79316
      View Details
    • $140,000

      Retail Property with Drive-Thru

      Retail property with drive-thru and tenant in place.
      1214 Tahoka Rd, Brownfield, TX 79316
      View Details
    • Contact for pricing
      16,864 SF

      Brownfield Medical Office For Sale

      Former medical office with remodel potential in Brownfield, Texas.
      901 E Tahoka Rd, Brownfield, TX 79316
      View Details

    FAQs

    What type of property is this?
    Auto shop - Well-maintained industrial facility renovated in 2014, ideal for various operations.
    Where is this auto shop located?
    The property is located at 802 Seagraves Rd Brownfield, TX.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: - Renovated in 2014: Well-maintained and modernized 2,805 SF facility.; - Zoned F1 State Code: Prime location within the Shop Office Warehouse area.; - Versatile Space: Suitable for Truck/Auto Repair, industrial and manufacturing operations.
    (806) 523-0109
    Request Owner's contact information
    802 Seagraves Rd Brownfield, TX 79316
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    802 Seagraves Rd
    Brownfield, TX 79316
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    802 Seagraves Rd Brownfield, TX 79316
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Elbert Wuthrich
    Elbert Wuthrich
    Real Estate License ID: #0653098-SA
    (806) 523-0109 (806) 893-2807 (806) 794-6000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!