Office Space - For Sale
900 Lubbock Rd Brownfield, TX 79316
Details & Description
Price: $250,000
  • Property Type Office for Sale
  • Lot Size Acres 0.000
  • Building Sq Ft 3,840
  • Building Price per Sq Ft $65.10
DescriptionFree standing office/warehouse for sale in Brownfield, Texas. Property is leased to an oil and gas service provider. Current tenant lease expires August 31, 2021. Cap rate is 11.96%. Property has three 10' overhead doors and a small 3,500 SF stackyard, two bathrooms, two offices, and front counter with lobby. Remodeled in 2017.Highlights NOI - $29,900 - Income Producing Property Oil & Gas Service Related Tenant Building Remodeled in 2017 Small Fenced Stack Yard
Listing Agents
Kay Ward

O: 806-776-2817
kward@westmarkcommercial.com
Matt Ward

O: 806-776-2937
mward@westmarkcommercial.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

900 Lubbock Rd

Brownfield, TX 79316

Listing ID: 162505
$250,000
For Sale
  • Property Type Office for Sale
  • Lot Size Acres 0.000
  • Building Sq Ft 3,840
  • Building Price per Sq Ft $65.10
900 Lubbock Rd Brownfield, TX 79316 | for Sale | Photo 1
Description
Description

Free standing office/warehouse for sale in Brownfield, Texas. Property is leased to an oil and gas service provider. Current tenant lease expires August 31, 2021. Cap rate is 11.96%. Property has three 10' overhead doors and a small 3,500 SF stackyard, two bathrooms, two offices, and front counter with lobby. Remodeled in 2017.



Highlights

NOI - $29,900 - Income Producing Property
Oil & Gas Service Related Tenant


Building Remodeled in 2017
Small Fenced Stack Yard
Attachments & Files
Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Lubbock History of Office Space for Sale

Loan and Amortization Calculator

Listing Price
Down Payment

Loan Amount:
Interest Rate:
Term (months):

Your Monthly Payment

$0.00

Total Principal: --

Total Interest: --

Total Cost: --

Brownfield Area Market Trends

Listing Demographics for 900 Lubbock Rd Brownfield, TX 79316

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population4,1718,93410,270
Population Median Age323636
Population by Age0-9 Yrs789 (18%)1365 (15%)1589 (15%)
10-19 Yrs794 (19%)1357 (15%)1496 (14%)
20-29 Yrs565 (13%)1203 (13%)1329 (12%)
30-39 Yrs587 (14%)1326 (14%)1515 (14%)
40-49 Yrs405 (9%)1002 (11%)1127 (10%)
50-59 Yrs390 (9%)1022 (11%)1185 (11%)
60-69 Yrs287 (6%)842 (9%)998 (9%)
70+ Yrs352 (8%)818 (9%)1031 (10%)
Median HH Income$34,746$40,292$43,321
Total Household Income< 24K425 (32%)755 (27%)805 (24%)
25-49K533 (40%)915 (32%)1026 (31%)
50-74K159 (12%)461 (16%)550 (16%)
75-99K89 (6%)287 (10%)371 (11%)
100-199K103 (7%)336 (12%)468 (14%)
200K+0 (0%)22 (0%)48 (1%)
Highest Education LevelNo Diploma105819702101
Diploma or GED69918212122
Some College47111901422
Assoc. Degree39160184
Bachelors Degree78366500
Higher Degree20179260
Total Housing Units1,5483,3053,866
--Owner-Occupied6011,7382,176
--Renter-Occupied7101,0381,092
Owner-Occupied Values< 100K55112221387
100-199K15322511
200-299K30169241
300-399K42535
400-499K002
500K+000
Total Working Age Population2,9806,8767,907
In Work Force1,7163,6204,240
Not In Work Force1,2643,2553,667
Workforce Employed1,4483,1653,737
Workforce Unemployed268456503
Civlian Workforce1,7163,6204,240
Military Workforce000
Total Households1,3112,7763,268
Family Households9671,9862,353
Non-Family Households344790915
Married Couple5761,2511,567
Other Family390735785
Married w/Child323542649
Single Male w/Child207188
Single Female w/Child169276292

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
Terry County12,761-112,651+313,040+513,691

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Other Office Space Listings for Sale Nearby
Address Price Sq Ft Acres
2428 Lockwood Street, Tahoka, TX $125,000 2025 0.42
1701 Ave H, Levelland, TX $425,000 7221 -
1400 Ave J, Levelland, TX $144,000 7056 1.57
711 Ave G, Levelland, TX $88,500 4896 0.13
5607 114th St, Lubbock, TX $1,149,950 6688 0.57
5613 114th St, Lubbock, TX $892,950 5082 0.57
8101 Viola Avenue, Lubbock, TX $1,067,000 7118 1
7108 82nd St, Lubbock, TX CALL 23571 -
5312 114th St, Lubbock, TX $799,000 4062 -
7311 Marsha Sharp Freeway West, Lubbock, TX $250,000 2140 0.24
Closest Commercial Airports
Airport Distance (mi)
Lubbock Preston Smith International Airport (LBB) 42
Rick Husband Amarillo International Airport (AMA) 144
Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 225