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Two-Building Office Property

1509/1517 N Banks St, Pampa, TX 79065

For Sale
$750,000

Both buildings have newly signed leases with government agencies.

Property Size8,905 SF
Price / SF$84.22
Days on Market349

Property Features for 1509/1517 N Banks St

General Information

Standard status Active
Size 8,905 SF
Property subtype Commercial
Zoning I - Light Commercial

Additional Details

Tenant in Place Yes
Property Use Office

Amenities

break room
supply room
janitorial
lan room
reception area
lobby
conference room
rainbow room
observation room
handicap accessible

Building Details

Building Size 8,905 SF
Buildings 2
Stories 1
Construction brick and stucco
Tenancy Multi
Listing Agency: Panhandle Plains Realty
Listed By: Linda Marie Laycock ONeal
Source: Panhandleplainsrealty
Added: Nov 26, 2025 Changed: Nov 6 Last Checked: Nov 9 at 1:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Panhandle Plains Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The office property comprises two buildings totaling 8,905 square feet. The 4,641-square-foot building, constructed in 1985, has approximately 22 rooms, three restrooms, a break room, supply and janitorial rooms, a LAN room, reception area and lobby. The 4,264-square-foot building dates to 1999 and contains approximately 21 rooms, three restrooms, a break room, conference room, LAN room, reception and lobby, plus Rainbow and observation rooms.

Health & Human Services occupies one building, and Child Protective Services occupies the other. Both have newly signed leases with government agencies. Accessibility features include ramps, rails, accessible restrooms and select hardware. Parking is available along the front and sides of both buildings. The property is zoned I - Light Commercial.

Key Highlights

  • Two office buildings totaling 8,905 square feet
  • Leased to Health & Human Services and Child Protective Services under newly signed leases
  • Built in 1985, the 4,641‑square‑foot building has approximately 22 rooms

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Kitchen & Bath Showroom Building Supply Electrical Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

378
Businesses Nearby

Demographics for 79065, TX

19,750
Population
9,114
Households
2.2
Avg Household Size
39
Median Age
16%
College-Educated
84%
High-School Grad
506.5 sq mi
ZIP Area
39
Density / Sq Mi
$55,940
Median Household Income
$35,061
Median Earnings
$897
Median Rent
$105,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Both buildings have newly signed leases with government agencies.
Where is this office building located?
The property is located at 1509/1517 N Banks St Pampa, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two office buildings totaling 8,905 square feet; Leased to Health & Human Services and Child Protective Services under newly signed leases; Built in 1985, the 4,641‑square‑foot building has approximately 22 rooms
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