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Property profile & analytics
OFF-MARKET
Neighborhood centers

1101 I-27 Plainview, TX 79072

12,000 SF Built 2002
Property ID
Property summary
AI-generated overview

This 1,460 square-foot retail space is located within the 12,000 square-foot Stonegate Plaza, a single-story strip center built in 2002. Situated at 1101 I-27, Space #1127 in Plainview, Texas (zip code 79072), this property boasts exceptional visibility due to its I-27 frontage. Ample parking is available for customers and employees. The space benefits from a large pylon sign, enhancing its marketing potential. Currently vacant, the space is available for lease starting November 1, 2024, with the possibility of earlier occupancy. Located between GoodFellas restaurant and T-Mobile, this mostly open space features two restrooms. Previously used as a sandwich shop and later for retail and office purposes, the space currently lacks a grease trap. The front area can be expanded by removing a partial-height wall. The property is zoned GC - General Commercial. This prime location offers a strong opportunity for a variety of retail businesses.

Property profile
Verified
Property type Neighborhood centers
Year built 2002
Total area 12,000 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
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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