Plainview, TX
Commercial Real Estate Market Trends & Data

Plainview's Demographic Profile

Plainview has 7,297 households and a median income of $45,489, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 20,335
# Households 7,297
Median age 35
Median household income $45,489
Avg household size 3.0
Renter-occupied housing units 2,900
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Plainview, TX

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Plainview $184 4,039 SF 8.00%
Lubbock $317 8,248 SF 8.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Plainview $180 4,192 SF
Hale Center $113 8,320 SF
Tulia $101 17,560 SF
Lubbock $276 8,771 SF
Slaton $83 1,800 SF

Commercial Properties For Sale in Plainview

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

7 Tracts of Residential Lots/Land

Plainview, TX 79072

  • 0.16 AC Lot
  • 1 Residential Income Lot
  • $388,200
For Sale

4308 Olton Rd

Plainview, TX 79072

  • 5,769 SF Office Building
  • $637,000
For Sale

Apex Truck Accessories

Plainview, TX 79072

  • 8,000 SF Retail Building
  • $800,000
For Sale

411 W 5th St

Plainview, TX 79072

  • 1,139 SF Retail Building
  • $120,000
For Sale

2615 W 24th St

Plainview, TX 79072

  • 3,838 SF Office Building
  • 8.00% Cap Rate
  • $1,425,000
For Sale

1900 Walter Griffin

Plainview, TX 79072

  • 14.40 AC Lot
  • 1 Commercial Lot
  • $150,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Plainview pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Plainview $148 6,412 SF
Hale Center $41 79,755 SF
Olton $112 27,518 SF

Regional Demographic Comparison

This comparison places Plainview alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Plainview or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Plainview 20,335 7,297 35 $45,489 3 2,900 -2%
Hale Center 1,493 540 37 $41,875 3 176 -11%
Abernathy 2,739 1,007 38 $63,349 3 236 -2%
Petersburg 422 160 44 $39,687 3 39 -9%
Olton 902 323 39 $57,999 3 90 -8%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Plainview, TX and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Plainview

View All Commercial Real Estate For Sale in Plainview
Is Plainview a good market for a first-time commercial real estate investor?

Plainview offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Plainview?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Plainview. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Plainview?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Plainview. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Plainview compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Plainview. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Plainview acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Plainview, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.