3398 I-20 Stanton, TX 79782
This exceptional 8,395 square foot retail property in Stanton, Texas, presents a lucrative redevelopment opportunity. Located at the high-visibility corner of I-20 and State Highway 137, this 0.951-acre site boasts a daily traffic count of 30,000 vehicles on I-20 alone. The property comprises two buildings, totaling 8,395 square feet, with the main building measuring 3,595 square feet after recent additions. A newer 4,800 square foot addition features five large overhead doors. The existing structures include several 10'x9', 12'x12', and 10'x12' overhead doors, making it suitable for various uses. Built in 1980 and renovated in 2009, the property currently operates as an auto sales and repair shop, but its prime location and high traffic volume make it ideal for repurposing as a convenience store, fast-food restaurant, or retail strip center. The property is situated just outside city limits with no zoning restrictions, featuring a private water well and septic system. Personal property, including lifts, is negotiable. This is a rare chance to acquire a premier commercial location in one of West Texas' busiest oilfield areas, offering significant potential for growth and return on investment. The asking price is $1,495,000, translating to $178.08 per square foot.
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
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Property description
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