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Property profile & analytics
OFF-MARKET
Lifestyle centers

200 Phillips Rd Borger, TX 79007

198,995 SF 16.84 ac lot Built 1980
Property ID
Property summary
AI-generated overview

This exceptional 198,995-square-foot, single-story shopping center in Borger, Texas, presents a prime redevelopment opportunity. Located on a 16.84-acre lot at 200 Phillips Rd, 79007, this Class B property boasts 1,056 parking spaces and excellent highway access via Highways 119 and 246. Currently vacant, the building offers significant potential for adaptive reuse. Its large footprint and 20-foot clear height make it suitable for various uses, including office conversion, research and development, government storage, or machinery manufacturing. The property's strategic location near the Phillips Chevron Refinery Plant ensures high traffic counts and proximity to a stable workforce in the oil and gas industry. The expansive paved parking lot provides ample space for employees and customers. Zoned for commercial retail/office use, this investment presents a unique chance to capitalize on the growth potential in Borger, Texas. The property's size and location make it an ideal hub for industrial operations and administration, offering a strong return on investment for the right developer. The previous use as the area's largest mall provides a strong foundation for future success. Easy ingress and egress from the highway to the parking lot further enhance its appeal.

Property profile
Verified
Property type Lifestyle centers
Year built 1980
Total area 198,995 SF
Lot 16.84 ac (733,550 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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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