1508 Hwy Andrews, TX 79714
This 2.5-acre commercial lot in Andrews, Texas, presents a unique investment opportunity. Currently zoned for commercial use, the property sits on 2,100 square feet and includes a single, one-story building constructed in 1950. The existing structure will be removed by the county due to a fire, leaving a blank canvas for redevelopment. Located at 1508 E Hwy 176, this high-traffic location offers excellent visibility and accessibility. Across from the ACE Arena, a venue hosting numerous annual events, the property benefits from consistent foot and vehicle traffic. The property's versatility allows for a wide range of potential uses, including but not limited to, a bar, convenience store, restaurant, or even the addition of structures such as an RV park, arena, or horse stalls. The lot size provides ample space for expansion and additional development. The property's APN is 000000007819. The asking price is $350,000, with a price per square foot of $166.67. This property offers significant potential for entrepreneurs seeking a prime location with substantial acreage for development. The property is located in Andrews County, Texas, zip code 79714.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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