209 Avenue H, Levelland, TX 79336
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.