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Property profile & analytics
OFF-MARKET
Commercial real estate

500 15Th St Hereford, TX 79045

9.81 ac lot
Property ID
US82-5716762
Property summary
AI-generated overview

This exceptional 9.813-acre commercial land parcel presents a unique investment opportunity in Hereford, Texas. Strategically located between the Walmart Supercenter and Hereford Regional Medical Center, this level tract boasts high visibility and accessibility. The property features 308 feet of frontage along West 15th Street, providing ample space for development. A significant advantage is the 1442-foot private entrance offering potential for medical office development adjacent to the hospital. The location benefits from proximity to other established businesses, including Tractor Supply and Whiteface Ford, ensuring a strong retail presence in the immediate vicinity. Furthermore, the area is served by local and regional educational institutions such as Amarillo Junior College and the Hereford ISD Administration building, contributing to a thriving community. The property's Commercial zoning allows for a wide range of development possibilities. The seller will consider subdividing the property to accommodate specific development needs. The asking price for this exceptional property is $275,000. The property's APN is 920479, and ownership is held by Rosedale International Ltd. This is a rare opportunity to acquire a significant commercial land holding in a growing Texas market.

Property profile
Verified
Property type Commercial real estate
Lot 9.81 ac (427,454 SF)
APN 920479
UPID US82-5716762
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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