Levelland Office Building

Office for Sale
Catylist Listing ID: 30272261
Property Subtypes: Governmental, Institutional, Other
Building Size (RSF): 4,523 SF
Gross Land Area: 71,840 SF
Sale Price: $950,000
Unit Price: $210.04 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/30/2018

Overview / Comments

This listing is for a former financial institution building in Levelland, TX. The building is located at the Northwest corner of US 385 and State 114.
The building has three private offices, a conference room, large reception area with teller access, coffee bar, two ADA compliant restrooms, large commercial kitchen attached to a community room with outside access. There is a drive through teller accessible from inside the building. There are two cash vaults and a safety deposit vault. The building has sufficient storage.
There is about a 1/2 acre undeveloped adjacent tract that could be used for additional parking.

Additional Details

Nearest MSA: Levelland
County: Hockley
Taxing Authority: Hockley County
Tax ID/APN: 19193
Property Visibility: Excellent
Highway Access: The property is at the corner of US 385 and State 114
Site Description: The building is located at the signalized corner or US 385(College Ave.) and State 114. The bank building sits on approximately one acre of land and there is an adjacent 1/2 acre included that could be used for additional parking or other use.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2012
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: The exterior of the building is brick with stone accents.
Parking Ratio: 9.5 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 38
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,545 14,080 16,072
Median Age: 27.66 32.64 33.64
Households: 887 5,021 5,771
The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.