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Property profile & analytics
OFF-MARKET
Warehouses

0 Phillips Rd Borger, TX 79007

2,800 SF 0.87 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Total area 2,800 SF
Lot 0.87 ac (37,897 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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