Property profile

400 Avenue F Childress, TX 79201

OFF-MARKET
Commercial real estate
1,512 SF 0.21 ac lot
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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

Current use

Occupant on record · Public records
  • Gas Station
  • Grocery & Convenience Store
  • Gas Station

Location

400 Avenue F Childress, TX 79201
Childress metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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