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1835 N Hobart St 1,703 SF Office Building Pampa, TX 79065 $335,000 ($196.71/SF) 3.49% Cap Rate
Investment Highlights
- Heavy Foot Traffic on Hobart
- Flex space for offices
- Corner lot with private parking lot
Executive Summary
Prime professional office space for sale in a highly desirable commercial location off Hobart. This well-maintained building sits on a prominent corner lot offering excellent visibility and consistent foot traffic. Ideal for a variety of uses including dental, real estate, insurance, counseling, or general professional services. Interior layout includes multiple private offices, a dedicated reception/waiting area, and one bathroom. Exterior features include tasteful landscaping and a private parking lot providing convenient access for clients and staff. A rare opportunity to own an established office location in a high-demand area.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$18,000
|
$10.57
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$18,000
|
$10.57
|
| Taxes |
$3,965
|
$2.33
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$3,965
|
$2.33
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $18,000 |
| Annual Per SF | $10.57 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $18,000 |
| Annual Per SF | $10.57 |
| Taxes | |
|---|---|
| Annual | $3,965 |
| Annual Per SF | $2.33 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $3,965 |
| Annual Per SF | $2.33 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,703 SF
Building Class
C
Year Built
1955
Price
$335,000
Price Per SF
$196.71
Cap Rate
3.49%
NOI
$11,695
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,703 SF
Zoning
commercial
Amenities
- Reception
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- WIC
- Health Care and Social Assistance
- 1,703 SF
- -
- Single Net
- Jun 2027
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| WIC | Health Care and Social Assistance | 1,703 SF | - | Single Net | Jun 2027 |
1 1
Property Taxes
| Parcel Number | 110304100030080000000 | Total Assessment | $156,440 |
| Land Assessment | $60,000 | Annual Taxes | $3,965 ($2.33/SF) |
| Improvements Assessment | $96,440 | Tax Year | 2025 |
Property Taxes
Parcel Number
110304100030080000000
Land Assessment
$60,000
Improvements Assessment
$96,440
Total Assessment
$156,440
Annual Taxes
$3,965 ($2.33/SF)
Tax Year
2025
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Videos
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Photos
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Street
Map
1 of 1
Presented by
eXp Realty- The Brewer Group
1835 N Hobart St
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