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    209 Avenue H Levelland, TX 79336

    Sponsored
    For Sale
    $150,000

    Prime Hockley County lots, redevelopment opportunity.

    Property size:
    1,182 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity encompasses two adjacent warehouse properties located at 209 and 213 Ave H, Levelland, TX 79336, totaling 24,829 square feet of land. Currently listed at $150,000, this represents a compelling price per square foot of land. The existing warehouse buildings, totaling 1,182 square feet, are slated for demolition due to city requirements, presenting a blank canvas for redevelopment. The properties are currently vacant and zoned for commercial use. Individual lot sizes are 7,100 square feet (209 Ave H) and 17,729 square feet (213 Ave H). While the seller prefers to sell both lots as a package, the possibility of separate sales will be considered. This location in Hockley County, Texas offers significant potential for various commercial ventures. The property is readily available for viewing at your convenience. The seller is highly motivated to finalize a sale. This is a unique chance to acquire valuable commercial land in a growing area. The price per square foot of the existing buildings is $126.90.

    Property Features for 209 Avenue H

    General Information

    Property type
    Distribution properties
    Square Feet
    1,182 SF

    HighLights

    • Two adjacent commercial lots, 209 and 213 Ave H, totaling 24,829 sqft, available for sale.
    • Seller prefers a package sale but will consider splitting the lots.
    • Lot 209 comprises 7,100 sqft, and Lot 213 encompasses 17,729 sqft.
    • Existing buildings require demolition per city mandates.
    • Showings are readily available.
    • Highly motivated seller.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Levelland
    County
    Hockley
    State
    Texas
    Longitude
    -102.3776895
    Latitude
    33.5910016

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    FAQs

    What type of property is this?
    Distribution property - Prime Hockley County lots, redevelopment opportunity.
    Where is this distribution property located?
    The property is located at 209 Avenue H Levelland, TX.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Two adjacent commercial lots, 209 and 213 Ave H, totaling 24,829 sqft, available for sale.; Seller prefers a package sale but will consider splitting the lots.; Lot 209 comprises 7,100 sqft, and Lot 213 encompasses 17,729 sqft.
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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
    209 Avenue H Levelland, TX 79336
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