200 Phillips Rd Borger, TX 79007
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.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
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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.