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Property profile & analytics
FOR SALE
Commercial real estate

1400 S 8Th St La Mesa, TX 79331

0.96 ac lot
Property ID
US82-8813552
Property summary
AI-generated overview

This unique 0.96-acre property located at 1400 S 8th Street, Lamesa, TX, is offered at $308,000. The building presents a significant opportunity for adaptive reuse or continued operation as a religious facility. Its expansive layout includes a large auditorium complete with a stage and balcony, ideal for gatherings or performances. A fully equipped kitchen, spacious fellowship hall, and ample open flex space provide versatility for various functions. Additional features include administrative offices, a nursery, and upstairs classrooms, catering to diverse needs. The property also includes existing sound/speaker equipment, seating, tables, TVs, and security cameras, all conveying with the sale. The building is being sold "as-is," allowing for creative customization and renovation to suit the buyer's specific vision. Potential uses are numerous and include, but are not limited to, daycare centers, private schools, funeral homes, recreational facilities, or event centers. This remarkable building offers a blank canvas for transformation or a perfect expansion opportunity for a growing organization. The property's size and existing infrastructure make it an attractive investment with significant upside potential. The building's current configuration and included equipment provide a solid foundation for immediate use or extensive remodeling. This is a rare opportunity to acquire a substantial property in Lamesa, TX, with a wide range of potential applications.

Property profile
Verified
Property type Commercial real estate
Lot 0.96 ac (41,818 SF)
UPID US82-8813552
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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