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Well Pump Service & Farming Supply Business 1164 FM 211 20,475 SF 100% Leased Industrial Building New Home, TX 79381 $999,950 ($48.84/SF)



Investment Highlights
- Multiple Venue Sources / C-Store
- At New Deal, near Wilson and South of Lubbock, TX.
- Storage Units / Office Rentals
- Zoning: Outside of City Limits
Executive Summary
This commercial property in New Home (Wilson address) consists of 1.4 AC with 10,500 SF of improved multi-buildings and 2,400 covered area, offering a versatile mix of owner-occupied, income-producing, and storage uses. It includes 5,000 SF of Storage Units, an owner-operated convenience store, comprising of approximately 1,500 SF, supported by an above-ground fuel tank dispensing 87-octane gasoline, with an annual income of about $80,000. Serviced by Kendrick Oil, but not branded. POS for fuel is Ruby IIand Retail/Food is Hunger Rush. C-Store is currently only open 7:30 am - 5:30 pm Monday - Friday.
The property features a 2,400 SF leased space occupied by Lynn County Hospital and 900 SF occupied by Four County Special Ed. 5,000 SF of storage units and 700 SF of office to be leased for three years by current owner at closing. This property provides stable institutional tenancy, along with approximately 1,600 SF of office space. Additional improvements include 5,000 SF of storage, plus 2,400 SF of heated and cooled storage space located at the rear of the C-Store. This property offers flexibility for continued operation, expansion, or repositioning. Owner will finance with $400,000 down.
The property features a 2,400 SF leased space occupied by Lynn County Hospital and 900 SF occupied by Four County Special Ed. 5,000 SF of storage units and 700 SF of office to be leased for three years by current owner at closing. This property provides stable institutional tenancy, along with approximately 1,600 SF of office space. Additional improvements include 5,000 SF of storage, plus 2,400 SF of heated and cooled storage space located at the rear of the C-Store. This property offers flexibility for continued operation, expansion, or repositioning. Owner will finance with $400,000 down.
Property Facts
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Property Taxes
| Parcel Number | 15160 | Improvements Assessment | $563,970 |
| Land Assessment | $46,020 | Total Assessment | $609,990 |
Property Taxes
Parcel Number
15160
Land Assessment
$46,020
Improvements Assessment
$563,970
Total Assessment
$609,990
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Well Pump Service & Farming Supply Business | 1164 FM 211
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