Current Use by 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
Property Details for 702 Matador Hwy
- Lot size
- 2.80 lot acres
- Property type
- Office Spaces
Description
This exceptional 7,840 square foot office building, located at 702 Matador Highway in Floydada, Texas, presents a compelling investment opportunity. The property sits on a substantial 2.8-acre lot, providing ample space and parking. A large asphalt parking lot is readily available for employees and visitors. The building's history includes previous use as a USDA facility, suggesting a robust and well-constructed structure. The interior features multiple offices and work areas, offering flexibility for a variety of business needs. The layout is well-suited for a range of configurations, allowing for customization to meet specific operational requirements. Adding to the property's value is an included 2.2-acre parcel of land (R04007) located directly south of the main building, expanding the total acreage to 5 acres. This additional land offers significant potential for future expansion or development. The asking price for this substantial property is $215,000. The seller is open to considering lease options, providing flexibility for potential buyers or tenants. This presents a rare opportunity to acquire a well-located, spacious office building in Floydada, Texas, at an attractive price point.
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
- Floydada
- County
- Floyd
- State
- Texas
- Longitude
- -101.325
- Latitude
- 33.9779
