Property summary
This exceptional 1,953 square foot free-standing commercial building presents a unique opportunity for restaurant or retail businesses seeking a prime location in Plainview, Texas. Situated on a 0.571-acre lot at 3101 Olton Rd, 79072, this single-tenant property boasts a highly visible street presence and convenient access to Interstate 27. The building features a double drive-thru, enhancing operational efficiency and customer convenience. Ample parking is provided with 28 spaces available for patrons. The property offers three points of ingress and egress, ensuring smooth traffic flow. The entire 1,953 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. Its location within Plainview's primary retail corridor guarantees high visibility and foot traffic. The inclusion of a free-standing pole sign further enhances the property's marketing potential. This property is available for purchase or lease, making it an attractive investment opportunity in a thriving Texas market. Hale County location provides access to a strong local customer base. The property's strategic location and features make it an ideal choice for businesses seeking to establish a strong presence in the Plainview area.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Restaurant
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Loan Service Bank
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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