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    4004 Olton Rd Plainview, TX 79072

    For Lease
    Contact for pricing

    1-Acre Retail Building, High Visibility

    Lot size:
    2,158 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2,158 square foot retail building presents a unique investment opportunity in Plainview, Texas. Situated on a 1.07-acre lot at 4004 Olton Road, this single-tenant property boasts unparalleled visibility and accessibility. The building is currently vacant, offering a blank canvas for a new business or expansion. Its strategic location on the northwest quadrant of Olton Road and I-27 ensures high traffic volume and excellent exposure. The property benefits from its proximity to the recently announced Chick-fil-A, further enhancing its appeal and potential for success. With 38 parking spaces available, customer convenience is guaranteed. Plainview's thriving community, anchored by Wayland Baptist University and its convenient location equidistant from Amarillo and Lubbock via I-27, provides a strong foundation for business growth. This build-to-suit (BTS) ground lease (GL) opportunity is ideal for a variety of retail concepts seeking a high-impact location in a dynamic market. The property is located in Hale County, Texas, and has a zip code of 79072. This is a rare chance to secure a prime retail space in a rapidly growing area. The property's size and location make it an attractive option for businesses seeking significant visibility and accessibility.

    Property Features for 4004 Olton Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,158 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,158 SF

    HighLights

    • 2,158 SF QSR space available for lease.
    • 1.07‑acre site.
    • 38 parking spaces on‑site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PLAINVIEW, TX (OLTON ... Fast Food Restaurant

    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
    -101.751807
    Latitude
    34.1885382

    Nearby Similar for Lease

    • $7 SF/Yr
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      Retail Space at StoneGate Center

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      Retail Space with Highway Frontage

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      Retail Space in Westview Center

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      3305-3501 Olton Rd, Plainview, TX 79072
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    FAQs

    What type of property is this?
    Retail property - 1-Acre Retail Building, High Visibility
    Where is this retail property located?
    The property is located at 4004 Olton Rd Plainview, TX.
    What are key features of this property?
    This property features: 2,158 SF QSR space available for lease.; 1.07-acre site.; 38 parking spaces on-site.
    Request Owner's contact information
    4004 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
    4004 Olton Rd Plainview, TX 79072
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