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300 Oak Ave - 300 Oak Ave, Dumas 71,771 SF Specialty Building Offered at $2,500,000 in Dumas, TX 79029



Investment Highlights
- Elementary School
- Open for new business
- Lease Option
- fully stocked Kitchen with equipment and 3 walking freezers!
- Seller's Financing
Executive Summary
LEASE OPTION: Potentially for a private boarding school — 15% commission on the monthly rent for the duration of the lease.
Property Facts
| Price | $2,500,000 | Building Class | C |
| Price Per SF | $34.83 | Lot Size | 10.87 AC |
| Sale Type | Investment or Owner User | Building Size | 71,771 SF |
| Sale Condition | Business Value Included | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2015 |
| Property Subtype | School | Parking Ratio | 1.18/1,000 SF |
| Zoning | Commercial - Former Elementary School | ||
| Price | $2,500,000 |
| Price Per SF | $34.83 |
| Sale Type | Investment or Owner User |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 10.87 AC |
| Building Size | 71,771 SF |
| No. Stories | 1 |
| Year Built | 2015 |
| Parking Ratio | 1.18/1,000 SF |
| Zoning | Commercial - Former Elementary School |
About 300 OAK AVE , DUMAS, TX 79029
Seller financing option available with 40% down payment for up to 5 years. Leasing option: the property may be leased — potentially for a private boarding school — with a 15% commission paid on the monthly rent for the duration of the lease. Exceptional opportunity to acquire a vacant former school property situated on over 10 acres of land, featuring more than 71,000 square feet of building space. This expansive facility offers tremendous flexibility and potential for a wide range of uses. The property includes a fully equipped commercial kitchen with three walk-in freezers, making it ideal for institutional, food service, or large-scale operational needs. The existing infrastructure supports immediate reuse, redevelopment, or repositioning. Currently vacant, this property presents a blank canvas and can be adapted for almost any business or development concept imaginable, including but not limited to (subject to zoning and city approvals): • Educational or training campus • Institutional or community use • Industrial or flex operations • Land redevelopment opportunity • Multifamily or apartment development Strategically located with excellent visibility and strong traffic exposure, the site benefits from convenient access and a location that supports both commercial operations and future development potential. With its substantial acreage, building size, and prime location, this property represents a rare opportunity for owner-users, investors, or developers seeking scale, flexibility, and long-term upside.
Property Taxes
| Parcel Number | 130187 | Improvements Assessment | $1,691,560 |
| Land Assessment | $271,850 | Total Assessment | $1,963,410 |
Property Taxes
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300 Oak Ave - 300 Oak Ave, Dumas
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