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Property profile & analytics
OFF-MARKET
Commercial real estate

310 5th St Plainview, TX 79072-9016

2,530 SF 0.29 ac lot Built 1979
Individually Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US83-1068836
Property summary
AI-generated overview

This exceptional 2,680-square-foot convenience store, located at 310 W 5th Street in Plainview, Texas, presents a lucrative investment opportunity. Built in 1975 and renovated in 1992, the single-tenant property boasts a prime location off I-27 and West 5th Street, ensuring high visibility and strong traffic flow. The property features a large lot, facilitating easy access and ample parking. The store offers a full range of services, including gas sales, a deli counter, lottery tickets, beer, and wine. A small kitchen area near the registers adds to the operational versatility. The building is a single-story structure with a total of 2,680 square feet, all of which is currently vacant. The lease price is $4,995 per month plus NNN charges. It's important to note that the inventory is not included in the sale price. This property is ideal for an entrepreneur seeking a well-established business with significant growth potential in a thriving Texas market. The zip code is 79072. The property's coordinates are latitude 34.18448326 and longitude -101.7064442. This is a single-building property.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1979
Total area 2,530 SF
Lot 0.29 ac (12,807 SF)
APN 22583
UPID US83-1068836
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
Current use
Occupant on record · Public records
  • CEFCO Convenience Store Grocery & Convenience Store
  • Happy State Bank ATM Atm
  • Valero Gas Station
  • Break Time Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ricardo Flores · 4 yrs held
Ricardo Flores
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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