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    2462 Tx-214 Plains, TX 79355

    Sponsored
    For Sale
    $425,000

    18,000 SF Flex Space, Owner/User Opportunity

    Property size:
    18,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional industrial property, located at 2462 TX-214 in Plains, Texas (zip code 79355), presents a unique investment or owner-user opportunity. Comprising 18,000 square feet across two buildings situated on a substantial 34.41-acre lot (APN 5664), this asset offers significant flexibility. One building functions as a warehouse, while the other serves as a standalone office building, catering to diverse operational needs. Constructed in 1969, the property boasts a versatile layout suitable for various industrial uses, including flex space and manufacturing. The asking price is $425,000. Utilities include a well for water, septic for sewer, and 480v 3-phase power. Convenient drive-in access is provided by a 16' x 18' door. This property is ideally situated just north of Denver City, offering excellent access to transportation routes and regional infrastructure. The property's size and configuration make it an attractive option for businesses seeking expansion or a strategic investment in a growing Texas market. This is a rare opportunity to acquire a substantial industrial asset with significant potential.

    Property Features for 2462 Tx-214

    General Information

    Property type
    Distribution properties
    Square Feet
    18,000 SF
    Lot Size
    1,498,900 SF

    Building Details

    Year Built
    1969
    Buildings
    2

    HighLights

    • 18,000 SF industrial property on 34.41 acres in Plains, TX (79355), APN 5664.
    • Two buildings: warehouse and standalone office.
    • $425,000 asking price.
    • Utilities: well water, septic sewer, 480v 3‑phase power.
    • One 16' x 18' drive‑in door.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Plains
    County
    Yoakum
    State
    Texas
    Longitude
    -102.8514837
    Latitude
    33.1720847

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    FAQs

    What type of property is this?
    Distribution property - 18,000 SF Flex Space, Owner/User Opportunity
    Where is this distribution property located?
    The property is located at 2462 Tx-214 Plains, TX.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 18,000 SF industrial property on 34.41 acres in Plains, TX (79355), APN 5664.; Two buildings: warehouse and standalone office.; $425,000 asking price.
    Request Owner's contact information
    2462 Tx-214 Plains, TX 79355
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    Plains, TX 79355
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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
    2462 Tx-214 Plains, TX 79355
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