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    OFF-MARKET
    Commercial real estate

    400 Avenue F, Childress, TX 79201

    1,512 SF 0.21 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 1,512 square foot commercial building sits on a 0.21-acre corner lot with 100 feet of frontage on US Highway 287 in Childress, Texas. The property's strategic location offers excellent visibility and accessibility, situated near a bank, courthouse, restaurant, and post office. Previously a Phillips 66 service station, the building presents a unique opportunity for adaptive reuse. Currently utilized as an office and retail warehouse for reclaimed wood products, the structure features one office/lobby area, a restroom, and two auto bays. Underground storage tanks have been removed in compliance with Texas Commission on Environmental Quality (TCEQ) regulations. The building requires due diligence and is sold "as is." The property is not available for rent, lease, or owner financing. Prospective buyers should be aware that unauthorized access to the property is strictly prohibited.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 1,512 SF
    Lot 0.21 ac (9,148 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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