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407 Lamesa Hwy, Stanton, TX

$274,900

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2,230

Square feet

0.14

Acres

About 407 Lamesa Hwy

Superb passive income opportunity. Fully-leased commercial strip center with big upside. Growth projections for Stanton are huge, and the upside to this property is uplifting. Small enough to self manage. Running over a 9% capitalization rate. Hard to find that high of a cap. rate anywhere in real estate. Remodeled, updated 3-unit strip center on high traffic highway- TXDOT traffic count- over 4,500/day. Excellent condition. Each unit has it's own electric meter, hvac system, and restroom.

Features of 407 Lamesa Hwy

MLS® # 50060491
Price $274,900
Square Footage 2,230
Acres 0.14
Year Built 1983
Type Commercial Sale
Status Active

Community Information

Address 407 Lamesa Hwy
City Stanton
County Martin
State TX
Zip Code 79782

Amenities

Parking Other-See Remarks

Interior

Heating Central, Electric
Cooling Electric

Exterior

Roof Metal, Pitched

Additional Information

Date Listed November 30th, -0001
Days on Market 279

Listing Map

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