1609 Phelps Ave Littlefield, TX 79339
This exceptional retail space, located within the Prosperity Plaza Retail Center at 1609 Phelps Ave, Littlefield, TX 79339, offers 1,450 square feet of versatile commercial space. Ideally situated near Highway 84, this property boasts excellent visibility and accessibility within the Littlefield community. The space is an end-cap unit, previously a restaurant, and features a well-designed layout including ample open floor space, a restroom, and a fully equipped kitchen. This adaptable space is perfect for a variety of businesses and concepts, making it an attractive investment opportunity. The entire Prosperity Plaza Retail Center encompasses 9,300 square feet, with this specific unit representing the only currently available space. The minimum divisible space is 1,450 square feet, and the maximum contiguous space available is also 1,450 square feet. Located in Lamb County, Texas, this property presents a unique chance to establish or expand a business in a thriving community. The property's convenient highway access ensures high traffic volume and excellent exposure for any tenant. The existing kitchen and restroom facilities significantly reduce upfront renovation costs, allowing for a quicker and more cost-effective occupancy. Don't miss this chance to secure a prime retail location in Littlefield, Texas.
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
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.