1501 Levelland Hwy Brownfield, TX 79316
- Commercial real estate
- 7,360 SF
- 1.23 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1501 Levelland Hwy
- Year built
- 1963
- Lot size
- 1.23 lot acres
- Property size
- 7,360 SF
- Property type
- Commercial real estate
- APN
- 17218
- APU
- 17218
Description
This 4,500 square foot industrial property in Brownfield, Texas, presents a unique investment opportunity. Located at 1501 Levelland Hwy, 79316, this Class C facility boasts excellent visibility from Highways 62/82 and 385. The property comprises two buildings on a 1.23-acre lot, built in 1963. One building is approximately 3,200 square feet and functions as an office warehouse, featuring a dock-high door and 50' x 90' material loading bays. Note that the roof over the bays requires repairs. The property also includes a substantial open area ideal for tractor-trailer or heavy equipment parking. A significant advantage is the property's access to rail service, enhancing its logistical capabilities. The asking price is $179,000, representing a 100% cap rate. This single-tenant manufacturing facility offers potential for various industrial uses and is ready for an owner-operator or investor seeking a strong return. The property's location and features make it a compelling investment prospect in the Texas market. The property is a single-story structure.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brownfield
- County
- Terry
- State
- Texas
- Longitude
- -102.276
- Latitude
- 33.1944
