Office and Retail
404 Austin St Levelland, TX 79336
404 Austin St, Levelland, TX, 79336
$95,000
For Sale
$95,000
Charming storefront building with an office area, bathroom, and sales counter for business use.
Property Size625 SF
Price / SF$152
Days on Market28
Property Features for 404 Austin St
General Information
- Standard status
- Active
- Size
- 625 SF
Listing agency
Stueart Real Estate, LLC
(806) 893-1188
Listed by
Michael Stueart · License #0729206
(806) 893-1188
Source
Exprealty
Added: Jun 25 Updated: Jul 22 at 6:25PM Checked: Jul 22 at 6:25PM
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 Stueart Real Estate, LLC
Investment Insights
Based on property information with market context.
This for-sale storefront building offers a functional mix of office and customer-facing space. The interior includes an office area, a bathroom, and a sales counter, providing a straightforward layout for a business that needs both work space and a place to serve customers.
The property is located at 404 Austin St in Levelland, Texas. It is presented as an adaptable space that can be used for a variety of business ventures.
With its compact commercial footprint and built-in support spaces, the property is well suited for owners or tenants seeking a ready-to-operate storefront configuration.
The property is located at 404 Austin St in Levelland, Texas. It is presented as an adaptable space that can be used for a variety of business ventures.
With its compact commercial footprint and built-in support spaces, the property is well suited for owners or tenants seeking a ready-to-operate storefront configuration.
Key Highlights
- Charming storefront building with an office area for business operations
- Includes a bathroom and sales counter
- Space is suited for business use with room for multiple business venture ideas
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $12.8k | $20.52 |
| − Vacancy | −$731 | −$1.17 |
| EGI | $12.1k | $19.35 |
| − OpEx | −$3.6k | −$5.81 |
| NOI | $8.5k | $13.55 |
625 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$120.9K
$105.8K – $141.1K
NOI $8,466 @ 7.0% cap · market cap 8.91%
Second Best
Office B
$116.9K
$102.3K – $136.4K
NOI $8,186 @ 7.0% cap · market cap 8.62%
Theoretical Best
Multifamily LT 5
$7.01M
$6.13M – $8.18M
NOI $490,502 @ 7.0% cap · market cap 516.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sweet Habits Custom ...
Bakery
Lexi’s Bakery
Bakery
Similar For Sale Nearby
Similar Off Market Nearby
- Lou Dee's Floral — 614 Ave H, Levelland, TX 79336
- Sugarbee's Gift & Floral — 802 College Ave, Levelland, TX 79336
FAQs
What type of property is this?
Storefront property - Charming storefront building with an office area, bathroom, and sales counter for business use.
Where is this storefront property located?
The property is located at 404 Austin St Levelland, TX.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Charming storefront building with an office area for business operations; Includes a bathroom and sales counter; Space is suited for business use with room for multiple business venture ideas
