Log In/Sign Up
Your email has been sent.
Tahoka Activity Center 1121 Avenue L 8,200 SF Industrial Building Tahoka, TX 79373 $225,000 ($27.44/SF) 16% Cap Rate
Investment Highlights
- Large Footprint
- Ample Parking
Executive Summary
8,200 SF metal building
Nearly 1 acre
Formerly used as an event center
Historically rented at $1,500 per event
Additional income from cleaning and trash fees
Large lot with parking / outdoor area
Flexible potential for multiple commercial us
Nearly 1 acre
Formerly used as an event center
Historically rented at $1,500 per event
Additional income from cleaning and trash fees
Large lot with parking / outdoor area
Flexible potential for multiple commercial us
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$36,000
|
$4.39
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$36,000
|
$4.39
|
| Taxes |
$3,398
|
$0.41
|
| Operating Expenses |
$1,500
|
$0.18
|
| Total Expenses |
$4,898
|
$0.60
|
| Net Operating Income |
$31,102
|
$3.79
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $36,000 |
| Annual Per SF | $4.39 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $36,000 |
| Annual Per SF | $4.39 |
| Taxes | |
|---|---|
| Annual | $3,398 |
| Annual Per SF | $0.41 |
| Operating Expenses | |
|---|---|
| Annual | $1,500 |
| Annual Per SF | $0.18 |
| Total Expenses | |
|---|---|
| Annual | $4,898 |
| Annual Per SF | $0.60 |
| Net Operating Income | |
|---|---|
| Annual | $31,102 |
| Annual Per SF | $3.79 |
Property Facts
| Price | $225,000 | Lot Size | 1.00 AC |
| Price Per SF | $27.44 | Rentable Building Area | 8,200 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 16% | Year Built | 1975 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Zoning | F1 - Commercial Real Property | ||
| Price | $225,000 |
| Price Per SF | $27.44 |
| Sale Type | Investment or Owner User |
| Cap Rate | 16% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.00 AC |
| Rentable Building Area | 8,200 SF |
| No. Stories | 1 |
| Year Built | 1975 |
| Tenancy | Single |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | F1 - Commercial Real Property |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 11033 | Total Assessment | $128,270 (2025) |
| Land Assessment | $5,500 (2025) | Annual Taxes | $3,398 ($0.41/SF) |
| Improvements Assessment | $122,770 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
11033
Land Assessment
$5,500 (2025)
Improvements Assessment
$122,770 (2025)
Total Assessment
$128,270 (2025)
Annual Taxes
$3,398 ($0.41/SF)
Tax Year
2026
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
Tahoka Activity Center | 1121 Avenue L