1409 Highway 350Big Spring, TX 79720

  • Commercial real estate
  • 176,590 SF
For Lease
$5/SF/YR View listing

Property Details for 1409 Highway 350

Year built
1962
Lot size
6.34 AC
Property size (Sq ft)
176,590 SF
Property type
Commercial real estate
APN
293464
APU
293464

Description

This exceptional industrial property in Howard County, Texas, offers a substantial 56,690-square-foot building situated on a generous 6.34-acre lot. The property is ideally suited for manufacturing, warehousing, or distribution operations, boasting a single-tenant occupancy and ample space for expansion. The building comprises approximately 3,500 square feet of office space and 53,190 square feet of warehouse space, complemented by a sizable commercial-grade caliche yard enclosed by perimeter fencing and an asphalt parking lot. The warehouse is equipped with a 5-ton overhead crane, enhancing operational efficiency. Loading and unloading are facilitated by three dock-high overhead doors and two grade-level overhead doors. The property benefits from robust 3-phase, 480V power, ensuring reliable energy supply for demanding industrial processes. Three on-site septic systems and a water filtration system are included, addressing essential utility needs. The location outside city limits offers flexibility and freedom from zoning restrictions. Two additional storage buildings are situated on the property, providing extra storage capacity. This strategically located property presents a rare opportunity for businesses seeking a large, well-equipped industrial space with significant expansion potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $29,987,428
    Hospitality
    $27,468,324
    Educational
    $22,853,322
    Medical
    $23,639,284
    Retail
    $35,549,612

Location Insight

City
Big Spring
County
Howard
State
Texas
Latitude
32.286
Longitude
-101.473
CBSA code
13700
CBSA name
BIG SPRING, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$15,322
$55,792
$1,168,108
$1,223,900
-
$55,792
$1,168,108
$1,223,900

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