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    3404 Olton Rd Plainview, TX 79072

    For Lease
    $7 SF/Yr

    Prime Retail Space Available: High Traffic Location

    Lot size:
    107,856 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional retail opportunity presents 13,740 square feet of vacant space within the Village Shopping Center, a thriving neighborhood center located in Plainview, Texas. The property boasts a total of 107,856 square feet across three single-story buildings, offering multiple tenancy options. Units range from a minimum of 3,000 square feet to a maximum contiguous space of 6,380 square feet, providing flexibility for various business needs. The center enjoys a highly visible location on Olton Road (US Hwy 70), Plainview's primary east-west thoroughfare, ensuring significant traffic exposure. Its proximity to I-27 further enhances accessibility and visibility. The area surrounding the Village Shopping Center demonstrates a high concentration of businesses and significant residential density, creating a strong customer base. Ample off-street parking is available for customers and employees. The property is zoned GC – General Commercial, allowing for a wide range of commercial uses. Two cross streets, Ennis and Garland, provide convenient access to the center. This is an ideal location for businesses seeking high visibility and a strong customer base in a well-established commercial area. The property's strategic location and flexible space options make it an attractive investment for retailers seeking to establish or expand their presence in Plainview, Texas. The zip code is 79072.

    Property Features for 3404 Olton Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    107,856 SF
    Total Rate
    67410

    Building Details

    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Space #: 3404 B&C
    Size
    6,380 SF
    Rate per SF
    $7
    Space
    Space #: 3402-C
    Size
    3,000 SF
    Rate per SF
    $8
    Space
    Space #: 3400 B
    Size
    4,360 SF
    Rate per SF
    $7

    HighLights

    • 13,740 SF vacant retail space available in Plainview, TX's Village Shopping Center.
    • Village Shopping Center totals 107,856 SF across three single‑story buildings with multiple tenancy options; units range from 3,000 SF to 6,380 SF contiguous.
    • High‑visibility location on Olton Road (US Hwy 70), Plainview's main east‑west thoroughfare, with I‑27 proximity.
    • Strong customer base due to high business concentration and residential density.
    • Ample off‑street parking; GC (General Commercial) zoning; convenient access via Ennis and Garland streets.
    • Zip code 79072.
    Property Profile Location Intelligence

    Current Use by Public Records

    T N Nails Nail Salon

    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
    -101.7430413
    Latitude
    34.1864295

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space Available: High Traffic Location
    Where is this neighborhood center located?
    The property is located at 3404 Olton Rd Plainview, TX.
    What is the lease rate?
    The lease rate is $7-$8 SF/Yr.
    What are key features of this property?
    This property features: 13,740 SF vacant retail space available in Plainview, TX's Village Shopping Center.; Village Shopping Center totals 107,856 SF across three single-story buildings with multiple tenancy options; units range from 3,000 SF to 6,380 SF contiguous.; High-visibility location on Olton Road (US Hwy 70), Plainview's main east-west thoroughfare, with I-27 proximity.
    Request Owner's contact information
    3404 Olton Rd 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
    3404 Olton Rd Plainview, TX 79072
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