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    3101 Olton Rd Plainview, TX 79072

    For Lease
    Contact for pricing

    Free-standing retail building with drive-thru.

    Lot size:
    1,953 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1,953 square foot free-standing commercial building presents a unique opportunity for restaurant or retail businesses seeking a prime location in Plainview, Texas. Situated on a 0.571-acre lot at 3101 Olton Rd, 79072, this single-tenant property boasts a highly visible street presence and convenient access to Interstate 27. The building features a double drive-thru, enhancing operational efficiency and customer convenience. Ample parking is provided with 28 spaces available for patrons. The property offers three points of ingress and egress, ensuring smooth traffic flow. The entire 1,953 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. Its location within Plainview's primary retail corridor guarantees high visibility and foot traffic. The inclusion of a free-standing pole sign further enhances the property's marketing potential. This property is available for purchase or lease, making it an attractive investment opportunity in a thriving Texas market. Hale County location provides access to a strong local customer base. The property's strategic location and features make it an ideal choice for businesses seeking to establish a strong presence in the Plainview area.

    Property Features for 3101 Olton Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,953 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,953 SF

    HighLights

    • 1,953 SF freestanding building on a 0.57‑acre lot in Plainview, TX.
    • Double drive‑thru.
    • Freestanding pole sign.
    • 28 parking spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Church's Texas Chicken Chicken Restaurant Church's Chicken Chicken Restaurant PLA84, LLC Mortgage Lender

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -101.7407721
    Latitude
    34.1847209

    Nearby Similar for Lease

    • $7 SF/Yr
      107,856 SF

      Village Shopping Center: Plainview, TX

      Prime Retail Space Available: High Traffic Location
      3404 Olton Rd, Plainview, TX 79072
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      2,158 SF

      Prime Plainview Retail Opportunity

      1-Acre Retail Building, High Visibility
      4004 Olton Rd, Plainview, TX 79072
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      2,158 SF

      Retail Space at StoneGate Center

      Retail spaces and pad sites available at high-traffic location.
      1001 N Interstate 27, Plainview, TX 79072
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    • $15 SF/Yr
      12,000 SF

      Stonegate Plaza Retail Space

      High-visibility Plainview retail space.
      1101 I-27, Plainview, TX 79072
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    • $14 SF/Yr
      1,460 SF

      Retail Space with Highway Frontage

      High-visibility retail space available for lease with ample parking.
      1101-1127 N Interstate 27, Plainview, TX 79072
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      7,380 SF

      Retail Space in Westview Center

      Retail space available in busy shopping center with high traffic.
      3305-3501 Olton Rd, Plainview, TX 79072
      View Details

    FAQs

    What type of property is this?
    Restaurant - Free-standing retail building with drive-thru.
    Where is this restaurant located?
    The property is located at 3101 Olton Rd Plainview, TX.
    What are key features of this property?
    This property features: 1,953 SF freestanding building on a 0.57-acre lot in Plainview, TX.; Double drive-thru.; Freestanding pole sign.
    Request Owner's contact information
    3101 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
    3101 Olton Rd Plainview, TX 79072
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