Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1714 Harvester Ave Pampa, TX 79065

    • Land
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1714 Harvester Ave

    Property type
    Land

    Description

    This exceptional commercial land parcel, located at 1714 E Harvester Ave in Pampa, Texas, presents a unique investment opportunity. Spanning 6,970 square feet, this property offers significant potential for development. Its convenient location near the town's edge and proximity to the loop provides excellent accessibility and visibility. The asking price is $12,000, making it an attractive proposition for businesses seeking a strategic location in Pampa. The property is zoned for commercial use (verification of zoning with local authorities is recommended). Situated in Gray County, Texas, with a zip code of 79065, this lot provides a solid foundation for a variety of commercial ventures. Given its size and location, this property is ideal for entrepreneurs and businesses looking to establish a presence in a growing area. The address is easily accessible and offers ample space for construction. Serious inquiries are encouraged to explore the possibilities this prime commercial land offers. Further due diligence is recommended to confirm all aspects of the property's suitability for intended use. The coordinates are 35.5501117 latitude and -100.9442104 longitude.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pampa
    County
    Gray
    State
    Texas
    Longitude
    -100.944
    Latitude
    35.5501

    Comparable in this City

    • Value Estimation by Request

      1710 Harvester Ave

      Land
      1710 Harvester Ave, Pampa, TX 79065
      View Details
    • Value Estimation by Request

      1720 Harvester Ave

      Land
      1720 Harvester Ave, Pampa, TX 79065
      View Details
    • Value Estimation by Request
      8.42 Acres

      11842 U Hwy

      Land • 8.42 Acres
      11842 U Hwy, Pampa, TX 79065
      View Details
    • Value Estimation by Request
      7.26 Acres

      Hobart St

      Land • 7.26 Acres
      0 Hobart St, Pampa, TX 79065
      View Details
    • Value Estimation by Request
      1.00 Acre

      121 Hidden Hills Dr

      Land • 1.00 Acre
      121 Hidden Hills Dr, Pampa, TX 79065
      View Details
    • Value Estimation by Request

      Nwc Somerville & Sumner

      Land
      0 Nwc Somerville & Sumner, Pampa, TX 79065
      View Details

    Similar Nearby for Sale

    • $384,250
      7.26 Acres

      Pampa Commercial Land - 7.26 Acres

      Prime Pampa commercial land, ideal investment.
      0 Hobart St, Pampa, TX 79065
      View Details
    • $300,000
      38.72 Acres

      Prime Pampa Commercial Land

      38.72 Acres, Ready to Develop
      0 38.72 Ac, Pampa, TX 79065
      View Details
    • Contact for pricing
      1.00 Acre

      Prime Pampa Commercial Land

      One-acre commercial lot, excellent investment.
      121 Hidden Hills Dr, Pampa, TX 79065
      View Details
    • Contact for pricing
      0.12 Acres

      Vacant Lot in Pampa, TX

      Vacant lot available in Pampa, Texas. Seller financing available.
      510 N Carr St, Pampa, TX 79065
      View Details
    • Contact for pricing
      0.18 Acres

      Land in Pampa, Texas

      Land available in Pampa, Texas with seller financing.
      Tuke St, Pampa, TX 79065
      View Details
    • Contact for pricing

      Residential Corner Lot in Pampa

      Vacant corner lot in Pampa, Texas, over a quarter acre.
      849 S Gray St, Pampa, TX 79065
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      37,646 SF

      Pampa Retail Center - For Lease

      Three Suites Available, 700-20,150 SF
      2545 Perryton Pkwy, Pampa, TX 79065
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space Near Walmart

      Retail space with excellent visibility near Walmart Supercenter.
      305 W 30Th Ave, Pampa, TX 79065
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1714 Harvester Ave
    Pampa, TX 79065
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.