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Property profile & analytics
OFF-MARKET
Office Spaces

702 Matador Hwy Floydada, TX 79235

7,840 SF 2.8 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Total area 7,840 SF
Lot 2.8 ac (121,968 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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