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    2300 Lubbock Hwy Lamesa, TX 79331

    For Lease
    $5 SF/Yr ($14,837 /Mo)

    Prime Lamesa retail space, high traffic location.

    Lot size:
    35,611 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional mixed-use retail property, located at 2300 Lubbock Hwy in Lamesa, Texas, presents a significant investment opportunity. The property boasts a total building area of 35,611 square feet, with a substantial 17,611 square feet currently available for lease. Situated in Dawson County, this strategically positioned center benefits from high visibility and significant traffic flow along Lubbock Highway. The property's mixed-use designation allows for diverse tenant possibilities, catering to a range of retail and commercial needs. The existing tenancy is multi-tenant, indicating a proven track record of occupancy and potential for future growth. The 17,611 square feet of vacant space offers a unique chance to establish a new business or expand an existing operation within a thriving community. The property's address is 2300 Lubbock Hwy, Lamesa, TX 79331. This location offers easy access for customers and employees alike, making it an ideal choice for businesses seeking a prominent presence in the Lamesa market. The property's size and location make it suitable for a variety of retail uses, offering a compelling opportunity for investors and businesses seeking a strong foothold in this dynamic Texas market. The zip code is 79331. This property is a rare find in a desirable location.

    Property Features for 2300 Lubbock Hwy

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    35,611 SF
    Total Rate
    14837.92

    Unit(s) available at that property

    Space
    Walmart Space
    Size
    17,611 SF
    Rate per SF
    $5

    HighLights

    • Tenant improvements are negotiable.
    • The center is anchored by United Supermarket.
    • New Tractor Supply and Burkes Outlet are tenants.
    • High visibility and ample parking are available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Pharmacy Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lamesa
    County
    Dawson
    State
    Texas
    Longitude
    -101.9484903
    Latitude
    32.7553521

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    FAQs

    What type of property is this?
    Individual retail property - Prime Lamesa retail space, high traffic location.
    Where is this individual retail property located?
    The property is located at 2300 Lubbock Hwy Lamesa, TX.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: Tenant improvements are negotiable.; The center is anchored by United Supermarket.; New Tractor Supply and Burkes Outlet are tenants.
    Request Owner's contact information
    2300 Lubbock Hwy Lamesa, TX 79331
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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
    2300 Lubbock Hwy Lamesa, TX 79331
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