Current Use by Public Records
- Warehouses
Property Details for 0 Phillips Rd
- Lot size
- 0.87 lot acres
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This 2,800 sq ft. single-story industrial building in Borger, Texas, sits on 0.87 acres of land with paved parking and a 40-foot pylon sign. Located near the Phillips 66 Refinery, this Class B property offers high visibility from Highways 119 and 246, boasting a daily traffic count of 7,560 vehicles. Zoned for light industrial use, the building currently functions as a stand-alone brick facility, ideal for conversion into a truck repair shop or similar business. The property features a drive-thru, ample parking, and excellent highway access. Its proximity to the refinery, with its 1,500 employees plus seasonal contractors, provides a strong potential customer base. The Hutchinson County location offers easy ingress and egress, and the property's 130-foot frontage ensures high visibility. The Borger Economic Development Corporation offers a $120,000 grant for commercial property renovations, with a 50/50 split. The asking price is $249,900. This owner-user investment opportunity presents a unique chance to establish a business in a high-traffic area with significant potential for growth. The property's existing features, including the drive-thru and pylon sign, offer immediate advantages for a new owner. The ample parking and land provide room for expansion. This is a rare opportunity to acquire a well-located industrial property in a thriving Texas community.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Borger
- County
- Hutchinson
- State
- Texas
- Longitude
- -101.38
- Latitude
- 35.6796
