Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2401 Huffman Ave Snyder, TX 79549

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    3.58 Acres, Hwy 84, Redevelopment Ready

    Property Features for 2401 Huffman Ave

    General Information

    Property type
    Land
    Lot Size
    155,945 SF

    We can help!

    Listing Contact
    David Powell
    David Powell

    Listing Agency: Keller Williams Realty Listing Agent: David Powell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 3.58-acre commercial land parcel, located at 2401 Huffman Avenue in Snyder, Texas (zip code 79549), presents a compelling redevelopment opportunity. Previously occupied by a gas station and restaurant, this property is being sold for its land value and is zoned for General Commercial use (APN: 20141). Situated directly off Highway 84, the site benefits from high visibility and significant traffic flow, making it ideal for a variety of commercial ventures. The property is utility-ready, offering immediate access to essential services, and its expansive size allows for considerable flexibility in development plans. This strategic location offers the potential to establish a thriving convenience store, truck stop, or other commercial enterprise catering to both highway travelers and the local Snyder community. The combination of prime location, ample space, and redevelopment potential makes this a rare opportunity to capitalize on a growing Texas market. This is a chance to create a destination point that will serve the needs of a busy highway and a thriving local area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sisters Plaza Restaurant

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Auto Parts Store Kitchen & Bath Showroom Storage Facility Discount Store Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Snyder
    County
    Scurry
    State
    Texas
    Longitude
    -100.9261601
    Latitude
    32.748844

    Nearby Similar for Sale

    • $169,900
      0.28 Acres

      Office Building in High-Traffic Area

      Office building with high visibility and ample parking for sale.
      1709 E Colisum Dr, Snyder, TX 79549
      View Details
    • $130,000
      0.10 Acres

      Historic Snyder Square Commercial Building

      Charming 1905 building in revitalizing downtown Snyder.
      1822 26Th St, Snyder, TX 79549
      View Details
    • $669,000
      12,169 SF

      Snyder Commercial Building on Corner

      Multi-use commercial building, currently a restaurant, on a corner lot.
      1615 26Th St, Snyder, TX 79549
      View Details
    • $999,000

      Prime Commercial Land For Sale

      3.58 acres of commercial land ready for redevelopment.
      2401 Huffman Ave, Snyder, TX 79549
      View Details
    • Contact for pricing
      22,117 SF

      Chemical Manufacturing Plant with Tanks

      Manufacturing plant on 17.5 acres with tanks and utilities.
      506 County Road 137, Snyder, TX 79549
      View Details
    • Contact for pricing
      2,037 SF

      Industrial Property in Snyder, Texas

      Industrial property with 2,037 SF available for sale.
      2006 Kings Hwy, Snyder, TX
      View Details
    • $6,400,000

      Snyder, TX Agricultural Property

      Agricultural property for sale in Snyder, TX.
      000 State Hwy 84 Hwy, Snyder, TX 79545
      View Details
    • $925,000
      3,854 SF

      Snyder Office Building - High Traffic Area

      Prime Office Space, High Visibility, Endless Potential
      1510 College Ave, Snyder, TX 79549
      View Details
    • $925,000
      10,034 SF

      5,050 SF Versatile Industrial Space

      Multi-use warehouse, ample parking. Ideal for storage.
      1507 25Th St, Snyder, TX 79549
      View Details
    • $925,000
      10,034 SF

      Established Snyder Business w/Building

      Profitable parts & supply store, huge potential.
      1507 25Th St, Snyder, TX 79549
      View Details
    • $845,000
      1.03 Acres

      Snyder Industrial Property - Great Value

      Spacious industrial building, 4977 sq ft, 1.03 acres
      4704 College Ave, Snyder, TX 79549
      View Details
    • $70,000
      0.10 Acres

      Snyder Retail Space - High Traffic Location

      Turnkey Retail Building, Excellent Visibility
      511 Coliseum Dr, Snyder, TX 79549
      View Details

    FAQs

    What type of property is this?
    Land - 3.58 Acres, Hwy 84, Redevelopment Ready
    Where is this land located?
    The property is located at 2401 Huffman Ave Snyder, TX.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: Prime location with high visibility.; Zoned for diverse development options.; Infrastructure in place for immediate occupancy.
    (806) 239-0804 Call to check price and availability
    Request Owner's contact information
    2401 Huffman Ave Snyder, TX 79549
    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.
    2401 Huffman Ave
    Snyder, TX 79549
    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2401 Huffman Ave Snyder, TX 79549
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing David Powell
    David Powell
    Real Estate License ID: 0257988
    (806) 239-0804 (806) 771-7710
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!